Personal Tax, Partnerships & Self-Employed Services

We work with individuals, landlords, and small business owners to assist with their and their families’ HMRC tax returns each year. Our team has extensive experience in handling tax returns, and we promise a fast turnaround. We understand the importance of meeting our pre-agreed timelines and filing deadlines.

Self Assessment Tax Returns

The Self Assessment tax return system is used by HMRC to collect Income Tax from individuals who have more complex tax affairs. It is mandatory for self-employed individuals, company directors, high earners, and those with income from multiple sources. The personal tax year runs from 6th April to 5th April each year, with the self-assessment tax return due by the following January.

ESDG Accountancy can help you navigate the Self Assessment process, ensuring you submit accurate returns on time. Our Self Assessment services include:

• Registering for Self Assessment with HMRC
• Guidance on record-keeping and documentation
• Preparing and submitting your tax return
• Identifying and claiming relevant tax allowances and reliefs
• Calculating your tax liability
• Advising on payment deadlines and understanding your payments on account (POA)
• Managing VAT and Payroll.

We stay up-to-date with the latest tax legislation, ensuring that you remain compliant whilst maximising your take home income.

Self Employed Tax Returns for Sole Traders

Sole traders must submit a Self Assessment tax return to declare your income and pay, together with any income tax and national insurance contributions (NICs) due. ESDG Accountancy supports you throughout this process, from registering as self-employed with HMRC through to preparing and submitting your tax return.

In addition to the above listed services, we provide the following specifically for sole traders:

• Assistance with registration as self-employed
• Calculating your tax liability and Class 2 and Class 4 NIC
• Looking at the tax benefits of incorporating your business.
  

Partnership Tax Returns

Partnerships are required to submit an annual Partnership Tax Return (referred to regularly as an SA800) to HMRC, declaring the partnership’s income and expenses. Each partner must also submit a Self Assessment tax return to report their share of the partnership income and any other income sources.

At ESDG Accountancy, we can help you prepare and submit both the Partnership Tax Return and individual Self Assessment tax returns for each partner.

Our services for partnerships include:

• Registering the partnership with HMRC
• Guidance on record-keeping and accounting systems
• Preparing and submitting the Partnership Tax Return
• Allocating partnership income and expenses to each partner
• Preparing and submitting individual Self Assessment tax returns for partners 

We ensure that your partnership remains compliant with tax regulations whilst optimising your tax position.

Limited Company Director & High Earner Self-Assessment Tax Returns

Limited company directors are generally always required to submit a tax return, as there is the expectation you will receive dividend income for example.

High earners (those earning over £100,000 per annum) are also required to submit a Self Assessment tax return to declare their income and pay any tax due.

Often these are less complex returns and our prices reflect this.

In addition to the above, we can also assist with other tax-related matters that may affect limited company directors and high earners, such as:

• Capital Gains Tax planning and reporting (i.e. selling an investment property)
• Property rental income, investment income (i.e. shares or EIS) and tax relief claims
• Tax planning via pension contributions
• Advice on tax-efficient charitable giving

We ensure that your tax affairs are managed professionally, helping you stay compliant and optimise your overall tax position.

Why Choose ESDG Accountancy for Your Personal Tax Services?

At ESDG Accountancy we excel in providing a personalised and comprehensive tax services. When you choose us for your personal tax needs, you can expect:

• A tailored approach: We understand that each individual’s tax situation is unique, and we provide customised solutions that cater to your specific needs.
   
• Expertise and experience: We are a chartered practice with extensive knowledge of UK tax laws. Always up-to-date with the latest changes and developments which ensures you receive accurate and informed advice.
   
• Proactive tax planning: We take a proactive approach to tax planning, identifying opportunities to minimise your tax liability whilst staying compliant with tax regulations.
   
• Friendly, professional service: We pride ourselves on our friendly, professional service, making the process of managing your tax affairs as stress-free as possible. We are always responsive and won’t leave you waiting or worrying about missing deadlines.
   
• Competitive pricing: Our fees are transparent and fair, providing excellent value for money.
   

Get Started with ESDG Accountancy Today

Don’t let the complexities of personal taxes overwhelm you. Trust ESDG Accountancy to handle your tax affairs professionally and efficiently, allowing you to focus on what you do best. Whether you need assistance with Self Assessment tax returns, self-employed tax returns for sole traders, partnership tax returns, or limited company director and high earner self-assessment tax returns, we’re here to help.

Contact us today to discuss your personal tax requirements and learn more about how ESDG Accountancy can support you in managing your tax affairs.