Rapid Accountants

Self-Assessment

What is self-Assessment?

A system used by HMRC for individuals and businesses to report income, calculate tax liability, and pay taxes annually

What is self-Assessment
Annual self-assessment

Who requires annual self-assessment?

  • Landlords earning rental income
  • Company directors receiving dividends
  • High-income earners (£100,000+ in the UK)
  • Individuals with foreign income
  • Self-employed individuals and freelancers

Preparing and filing tax returns with authorities is draining, time consuming and perilous. You need to maintain accurate records, compile them and file them within a short deadline, while being compliant to hundreds of rules which you probably don’t know much of.

Rapid accountants, based in Southampton, help you do all of that saving you time, money and lengthy difficult audits from HMRC.

We ensure that you;

  • Avoid penalties for late/incorrect tax filings.
  • Save money through legal tax deductions.
  • Have Peace of mind—no stress of dealing with tax calculations.
  • Stay Compliant with tax laws and regulations.

If this is something you are interested in, schedule a call below.

Get in Touch

Have questions or need expert accounting support? Fill out the form, and our team will get back to you shortly!