Sharp Accountax Offers You Peace Of Mind To Deal With Your Tax Returns.
You need to submit your self-assessment to HMRC if you are
- A Sole Trader
- A Company Director
- A Shareholder in one or more companies
- Freelancer, Contractor, Consultant, Self-employed
- You have additional income e.g from renting out property
- You overpaid or underpaid tax in last year
- You get foreign income
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Services
Self Assessment is a system that allows individuals to report their income and expenses to HM Revenue and Customs (HMRC) and pay the correct amount of tax. Some of the services for Self Assessment are:
- Registering for Self Assessment: This is the first step to file a tax return. Individuals need to register online or by post and get a Unique Taxpayer Reference (UTR) number.
- Filing a tax return: Individuals can file their tax return online or by paper, depending on the deadline. They need to report their income from various sources, such as employment, self-employment, property, savings, dividends, pensions, etc. They also need to claim any allowances or reliefs that reduce their tax bill.
- Paying the tax bill: Individuals need to pay their tax bill by the deadline, usually 31 January after the end of the tax year. They can pay online, by phone, by bank transfer, by cheque, or by direct debit. They may also need to make payments on account for the next tax year.
- Claiming a tax refund: Individuals may be entitled to a tax refund if they have overpaid tax or are due some relief. They can check their tax account online or contact HMRC to claim a refund.
- Appealing a tax decision: Individuals may disagree with a tax decision made by HMRC, such as a penalty or an assessment. They can appeal online or by post within 30 days of receiving the decision
FEATURES
Improved Financial Accuracy For Businesses
Leverage our one-stop services to improve financial accuracy of your business. We make sure to provide insightful and complete financial knowledge, accurate financial records, and easy to follow regulations.
Professional and Experienced Accountants
We implement a digital transformation to maximise cash flow, increase compliance, and modernise the user experience of accounts payable (AP)with our accounting services in UK .
Personalised and Tailored Service
Make a strategic business contribution by rethinking reporting and integrating forecasting and planning.
Latest Technology and Software
Improve business sustainability, financial stability, risk management, and corporate governance by reshaping the financial sector.
Reasonable and Transparent Fee
Increase efficiency in decision-making, customer satisfaction, and money coming in through automating and artificially intelligent (AI)-enhanced accounts receivable procedures.
Ongoing Support and Advice
Transforming your record-to-report process can help you speed up your financial close, boost compliance, and improve decision-making.
MEMBERSHIP
Highly Skilled Professionals
Our team is made up of highly skilled professionals who are active members of the following organizations:
