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Taxfile > Self Assessment
16 Oct

There is an online self-assessment tax deadline on 31/01/year where your figures need to be submitted to HMRC and your first payment…

11 Oct

Self assessment is a system HM Revenue & Customs (HMRC) uses to collect income tax that is not otherwise collected via the means of…

11 Oct

At Taxfile we can help you register for Self Assessment tax return.  You can register online at HMRC and you will be sent a…

11 Oct

The simplest explanation is that your profit (or loss) is calculated by taking all your sales/income and subtracting it from all your expenses.  This…

11 Oct

If you are self-employed, you will need to keep records to be able to calculate your profit/loss for when you submit your tax return. …

11 Oct

At Taxfile we submit over 500 tax returns a year for our clients.  A self assessment tax return can be submitted by…

11 Oct

The Construction Industry Scheme (CIS) is where a construction contractor deducts, at source, a portion of the money due to their subcontractor.…

11 Oct

In most circumstances you will need to fill in a self assessment tax return if you are a UK resident with foreign…

11 Oct

If for whatever reason you have not paid the right amount of tax to HMRC with regards to income tax, capital gains…

11 Oct

The criteria for company directors are the same as for any employed individual and there is a tax code for company…