top of page
  • Writer's pictureAccountax Point

Tips for Filing a Self-Assessment Tax Return

Updated: Dec 8, 2023

To ensure a smooth and accurate process while filing your self-assessment tax return, consider the following tips:



Mutual Learning: One man engaging in a supportive conversation, explaining and helping worker.
In a supportive gesture, the boss assists the worker, fostering a productive environment.


1. Keep Records: Maintain detailed records of your income, expenses, and any relevant supporting documents, such as receipts and invoices. This will help you accurately report your financial information and claim deductions.


2. Understand Deadlines: Familiarise yourself with the deadlines for filing your tax return and paying any tax due. Set reminders and plan ahead to avoid late submission and penalties.


3. Seek Professional Advice: If you find the self-assessment process complex or have intricate financial affairs, consider seeking the guidance of a qualified accountant or tax advisor. They can provide valuable insights and ensure compliance with tax regulations.


4. Double-Check Accuracy: Review your tax return thoroughly before submitting it. Ensure that all the information is accurate, complete, and properly reported. Mistakes or omissions may result in penalties or investigations.


5. Utilise Online Tools: HMRC offers online tools and resources to help individuals complete their self-assessment tax returns. Utilise these tools to simplify the process and minimise errors.


Filing a self-assessment tax return is a crucial responsibility for many individuals in the UK. It allows taxpayers to report their income accurately, claim deductions, and calculate their tax liability. Understanding the types of returns, who needs to file them, when they are due, and the consequences of not filing is essential for avoiding penalties, legal issues, and other negative consequences. By following the guidelines, seeking professional advice when necessary, and staying organised, taxpayers can navigate the self-assessment process successfully and fulfil their tax obligations.


How Accountax Can Assist You

Upon contacting Accountax, we will thoroughly address any questions or concerns you may have. Once you are satisfied with the information provided, we will guide you through a straightforward form that requires essential details such as your name, address, UTR (Unique Taxpayer Reference) number, National Insurance number, and a form of identification. This identification requirement is part of our Anti-Money Laundering (AML) obligations, which all tax accountants must fulfill.


Upon receiving the completed form, one of our accredited Tax Accountants will promptly contact you to discuss your various sources of income, which may include:


- Employment

- Self-Employment

- Property Rental Income

- Capital Gains/Losses

- Pension and Benefits

- Foreign Income

- Other Income, such as dividends or interest, etc.


To initiate the process, it will take less than a minute to submit a contact form. Within 24 hours, we will reach out to you for an introduction. If you are satisfied with our services, we will promptly provide you with a form to fill out. After we have collected all the necessary information, we will diligently prepare your self-assessment tax return and deliver it to you within 48 hours. In total, you can expect your completed tax return within a speedy 72-hour timeframe.


We anticipate requiring approximately 10 to 30 minutes of your time over the phone or through online communication. Our hassle-free service ensures that we handle every aspect of the process and guide you every step of the way.



This guide is for illustrative purposes only Accountax can only advise on Taxation matters, through the appropriate protocols. Full Terms and Conditions available on request.


8 views0 comments
bottom of page