The UK self-assessment system has its quirks and nuances, and understanding how to stay compliant is crucial to a smooth and stress-free Income Tax process.
From early paper deadlines, to penalties for late-filers, self-assessment holds a few surprises. A professional accountant can help you navigate the process successfully, make the most of available tax reliefs, and avoid potential pitfalls along the way.
We’ve put together a guide to what you nee to know when navigating this important financial obligation.
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If you would like help and advice to complete your own self-assessment tax return in time for the 31 January 2024 (online) deadline, please contact us.