Services | Self-assessment

Hassle-free self-assessment tax returns

Handling self-assessment tax returns can be stressful. At NJM Accountancy Ltd., we make it easy and accurate to help you stay compliant and avoid penalties.

File your tax return with ease today!

Who needs to file a self-assessment tax return?

Self-employed individuals and sole traders

Business partners and partnerships

Directors receiving untaxed income

Landlords earning rental income

Individuals with multiple income sources

Tax deductions and allowances you can claim

Reducing your tax bill is possible by claiming allowable expenses and deductions. Here are key areas where you can save:

Business expenses

Claim costs like travel, office rent, supplies, and professional fees.

Work-from-home allowances

Deduct part of household bills, internet, and office equipment if you work from home.

Pension contributions

Get tax relief on personal and employer pension contributions.

Charitable donations

Benefit from Gift Aid or Corporation Tax relief on donations to registered charities.

Capital allowances

Claim tax relief on business equipment, vehicles, and property improvements.

A man and a woman sit at a wooden table covered in numerous tickets and receipts, discussing them intently.

NJM Accountancy Ltd. ensures you claim every deduction available while staying compliant.

We can help with:

Preparation of accounts

We handle the preparation of accounts for sole traders and partnerships to ensure accuracy and completeness.

Completion of tax return

We assist in completing your tax return promptly and correctly so you meet all deadlines without worry.

Calculation of tax liability

We clarify your tax liability so you understand your obligations and stay compliant.

Payment/repayment details

We help set up and manage payment and repayment details for smooth transactions.

Full investigation support

In the event of an HMRC enquiry, we handle all communications and provide support throughout the investigation.

Stay compliant and stress-free, let us handle your self-assessment tax return today!

How our process works

We make filing your self-assessment tax return simple and stress-free. Our process ensures accuracy, compliance, and timely submission.

Initial consultation

We discuss your income sources, expenses, and any tax concerns to understand your financial situation.

Collecting financial information

We gather essential records, including invoices, receipts, bank statements, and any additional supporting documents.

Tax calculation & return preparation

Our team accurately calculates your tax liability to ensure you claim all allowable expenses and deductions to reduce your tax bill.

Review & approval

Before submission, we provide a clear summary of your return for your review and approval.

Submission to HMRC

Once approved, we submit your tax return directly to HMRC which ensures compliance and avoiding penalties.

Post-submission support

If HMRC has any queries, we handle them on your behalf and provide ongoing tax advice for the future.

Why choose NJM Accountancy Ltd. for your self-assessment tax returns?

Expert handling

Our specialist tax advisers handle the entire tax return process and deal with HMRC on your behalf.

Stress-free service

We handle self-assessment so you avoid work, stress, and penalties.

Fresh approach

We offer a modern approach to accountancy. We focus on your satisfaction and build strong relationships.

FAQs on self-assessment tax returns

What is the deadline for filing my self-assessment tax return?

The deadline is 31st January for online submissions and 31st October for paper returns.

What happens if I file late?

HMRC imposes penalties starting at £100 for missing the deadline. Further fines apply for continued delays.

Do I need to file a tax return if I made no profit?

Yes, you still need to submit a return if HMRC requires one, even if you made no profit.

What records do I need to keep?

Invoices, receipts, bank statements, and other relevant financial documents for at least six years.

Can I amend my tax return after submission?

Yes, you can make amendments within 12 months of the filing deadline.

What expenses can I claim on my tax return?

You can claim business-related expenses, such as office costs, travel, and professional fees, to reduce your tax bill.

How do I pay my tax bill?

Payments can be made via bank transfer, debit/credit card, direct debit, or at your bank.

Can HMRC investigate my tax return?

Yes, HMRC can conduct an enquiry or audit if they suspect errors or discrepancies.

What if I can’t afford to pay my tax bill?

You may be able to set up a Time to Pay arrangement with HMRC to spread payments over time.

Experience stress-free self-assessment with our expertise

Work with NJM Accountancy Ltd. for professional and reliable self-assessment tax return services in Bangor, Belfast, and across Northern Ireland.