Self assessment

Getting your tax on track

If you’re earning lots of money, operating on your own as a sole trader or company director, you need to know how much tax to pay. If you pay too much, you can feel cheated by the system. Pay too little, and you’ll find yourself dealing with HMRC and some potentially serious consequences.

Don’t worry, we’re here to support you – making sure you pay the right amount of tax and stay compliant. We’ll help you hit the fiscal year-end date on the 5th of April each year, as well as the income tax return deadline on the 31st of January. A lot of people miss this, leaving them facing big fines, and even prosecution. Leaving it to the last minute to fill out your forms can often lead to silly errors and paying more tax than you should.

We’ll make sure that the system is designed around your needs. We’ll help you claim reliefs and allowances that will bring life back into your finances, helping you to avoid paying unnecessary taxes. We’ll get to grips with who you are as a person and what your business needs to succeed.

If you’re a company director, we’ll help you report your salary, dividends, pension, and any benefits in kind (BIK). As a sole trader, we’ll help get your business expenses down to a reasonable size to be classed as ‘allowable’.

And of course, we’ll keep HMRC happy by answering any questions that they may have. We know the legislation, what you’re owed under the current ruling, and how we can get you what you deserve.

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What our clients say

“I have been a client of ABSL for many years and appreciate their friendliness and the quality of the whole team. I benefit from their detailed knowledge and fully trust in the services they provide. They have helped my business run efficiently with all my tax requirements, PAYE, pandemic assistance, and much more. Always keeping me up to date with what’s happening in this sector. I would highly recommend their team to anyone.”

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Every story has its beginning. Let’s see what we can do for you to get you excited about the future.

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