Self Assessment
Filing a self-assessment tax return may appear daunting, with the complex set of rules and regulations concerning taxation. At Abbfem Consulting, our professional self-assessment services ensure that your tax return will be correct and complete while being submitted on time, thus alleviating unnecessary stress and penalties.
Our self-assessment service for individuals helps to ensure that your tax return is completed in a timely and efficient way, whilst at the same time ensuring the right amount of tax is paid.
If you’re self-employed, the director of a limited company or have received income during the tax year upon which tax is due, you have to complete and submit an HMRC tax return.
Self-Assessment applies to:
- Self-employed (sole trader) who has earned more than £1,000 in the tax year
- A partner in a business partnership
- Company Directors
- People who receive rent or other income from land and property in the UK
- Receive rental income
- Receive income from savings, investments and dividends
- Wanting to claim certain tax reliefs
- Have sold assets in the tax year, such as additional properties or shares
Our Self Assessment Services
- Tax Return Preparation
We handle the preparation and filing of your self-assessment tax return, ensuring all income sources and deductions are accurately reported. - Tax Planning & Advice
AbbFem helps you plan your taxes effectively, identifying potential deductions, allowances, and reliefs that could reduce your tax liability. - HMRC Correspondence
We manage all correspondence with HMRC on your behalf, including handling any queries, audits, or disputes that may arise. - Late Filing Penalty Mitigation
If you’ve missed deadlines in the past, we’ll work with HMRC to reduce any penalties and ensure compliance moving forward. - Capital Gains & Dividend Income Reporting
Our team helps you report capital gains, dividend income, and other sources of income to ensure your return is comprehensive and compliant.
Why Choose AbbFem Consulting for Self Assessment?
- Accuracy & Compliance: We ensure your tax return is accurate and fully compliant with current HMRC regulations.
- Tax-Saving Strategies: Our experts identify ways to minimize your tax bill through effective tax planning.
- Stress-Free Filing: Let us handle the paperwork and deadlines, so you can focus on your personal and professional life.
- Experienced Professionals: Our team has years of experience helping individuals and businesses with self-assessment tax returns.