Individual Tax Returns & Self Assessment Services Peterborough

Soletraders, Landlords & company directors all need to prepare a personal tax return for each tax year (5th April each year).

Every tax payer needs to “self-assess” their own liability to taxation and determine whether they have paid the right amount tax whilst ensuring that their numbers are robust enough to stand up to HMRC scrutiny if selected for investigation.

The rules around whether you need to register for Self-Assessment, when to make a payment, what needs to be declared or what to do if you think you have had too much tax deducted can be quite confusing.

Additional legislation and regulation leaves many taxpayers unsure about where they stand with regard to taxation, individual tax returns, Covid-grants and reliefs, particularly surrounding areas such as Business vehicles, Home office costs, pensions, other part-personal-part-business costs and company benefits.

Our fully accredited Peterborough based accountants can advise whether you need to self-assess, what needs to be submitted and help file your return to HMRC for you.

This service is included as part of our Soletraders package aimed at sole traders & Contractors and is also available as an option for all our other packages

Our monthly fees for Soletraders start at just £65+VAT and our landlord packages at just £50+VAT

Here are some of the types of individuals who need to prepare individual tax returns and Self Assessment Tax return:

• Self Employed
• In receipt of £2,500 or more of untaxed income (investments, rental income etc)
• In receipt of profits from selling shares, a second home or other chargeable assets
• Company Directors
• Income of more than £100,000
• In receipt of child benefit where you (or your partner) earned over £50,000

Part of our services are ensuring that our clients are updated on what are allowable business expenses generally accepted by HMRC – see our handy guide on allowable business expenses

Individual Tax Returns LeeP Accountants
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To find out how we can help you, simply complete the form and we’ll be in touch or call 01733 699033

    Why clients love LeeP Accountants

    Aruna Avatar
    Aruna
    01/01/24
    Always a swift response A team that will respond swiftly to questions, queries, problems. As a business I work 24/7 and its great to have interaction outside of the standard 9-5pm Monday to Friday if required. This is the 3rd year Leep Accountants have been my advisory and completed my Tax Return. I always like to have my accounts completed early and time to check over, I've never had to chase Leep Accountants with an update they are efficient and organised and manage this process well which hadn't been the case with my previous accountancy firm.
    read more
    Ben M Avatar
    Ben M
    01/01/24
    I can't recommend LeeP Accountants highly enough. This year I was relocated to Rome from the UK for work, which has proven very chaotic in terms of my personal finances! In late November I found myself suddenly needing to submit a UK tax return at short notice, and needed help. Not knowing where best to turn - I asked my trusted mortgage broker (who has always shown superb judgement) if he knew a good accountant. He recommended Polly and the team without hesitation - and I'm extremely glad I listened to him. They were outstanding from beginning to end: highly responsive, knowledgeable and clear and took all the stress out of the situation, in spite of it being a particularly hectic, holiday period. Abolute 10/10 service - will definitely be using them again.
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    Sav Avatar
    Sav
    08/12/23
    Absolutely top class service from Polly and her team! I reached out to LEEP and straight away they were able to help me! Brilliant team Thank you Polly!
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    Our Monthly Packages

    Sole trader

    from £70 +vat
    per month

    Perfect for

    Self Employed

    Accounts
    Tax returns
    Annual meeting

    3 star

    from £130 +vat
    per month

    Perfect for

    Small companies

    Statutory Accounts
    Tax returns
    Annual meeting
    Confirmation statement
    Annual meeting

    4 star

    from £250 +vat
    per month

    Perfect for

    Growing companies

    Statutory Accounts
    Tax returns
    Quarterly VAT
    Bi-annual meetings
    Director’s tax return

    5 star

    from £500 +vat
    per month

    Perfect for

    Larger companies

    Statutory Accounts
    Tax returns
    Quarterly VAT
    Quarterly meetings
    Director’s tax return
    Virtual CFO