You may need to submit a self-assessment tax return if you have self-employed earnings, income from property or untaxed income such as tips or commission. In this month’s Active Practice we will cover the rules of self-assessment and how you go about submitting a self assessment tax return. This guide includes:

–        What is self-assessment and are you included?

–        What do you need to do?

• Registering
• Completing your self assessment tax return
• Paying your bill

–        What are the penalties if it’s late?

–        Common problems

• Missing out on tax relief
• Not declaring all your income
• Late or inaccurate filing
• Deadlines

If you would like any further information, or any help in filing your personal tax return, please get in touch, but first take a read of this month’s Active Practice to find out more. You can download it here:

JDA – Active Practice – 2018-12 – SATR

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Any questions?

If you’d like a meeting or a Skype call to discuss this, please get in touch with your favourite Liverpool accountant

• You can ring us on 0151 380 8080
• You can email us at growth@jondaviesaccountants.co.uk