Company Accounts & Taxation
Self Assessment Tax
If you are self-employed and working as a sole trader, you must complete a Self Assessment Tax Return, every year.
Do I need to complete a tax return?
Self Assessment is a legal requirement of anyone who is operating as a sole trader. HMRC (Her Majesty’s Revenue and Customs) penalises any individual who fails to submit their tax return on time. Penalties in this area have significantly increased, for example, you may be fined £100 for being one day late, or £900 for being three months late.
How we can help
Pollock Accounting brings in-depth knowledge of all issues relating to personal taxation. We will collate all of your financial information, and complete and submit your tax return in the required format, on time. Added to this, we will help minimise your tax liabilities and support the growth of your business.
Take the hassle out of Self Assessment
Personal Tax is a complex issue, and the process of filing a return can be a difficult task. Complete your tax return yourself, and you may end up paying too much tax. Or, you might be held accountable for paying too little. Pollock Accounting will offer the expert assistance you need to ensure you are paying the correct amount of tax, every time.
Saving you time and money
We’ll always look for the most cost-effective way to serve you and your business. And, we’ll bring you greater value over time. Let us remove the administrative burden of completing your tax return, and you will enjoy more time to focus on your business.
Impartial advice and support
Pollock Accounting will offer the advice and support you need to understand and meet all of your legal financial obligations. Whether you need help with one tax return or you would like us to take over the periodic management of your accounts, we can help.