Self Assessment Accountants London

How to find Self Accountants in London

GM Professional Accountants specialize in accountancy services for individual and small businesses . Our self assessment accountants are not just experienced in this field, but provide guidance in taxation matters to a variety of sectors. A number of our clients are sole traders or a limited company. You don’t need to live in London for us to be your accountants; we provide accountancy services for the whole of the United Kingdom. We ensure that your tax return is prepared and filed in a timely manner.

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Looking to start your business?  We help with business start ups, one of the many accountancy services we provide.

Do I need an Accountant for my Self assessment?

Yes- If you are a earning regular income from selling goods or services. The badges of trade will decide whether these are trading profits. As Income from property is not regarded as a trade. An Accountant will assist with the bookkeeping , accounts and self assessment tax return. Certain trades have special rules and these will need to be reviewed.

Who must send a tax return

You must send a tax return if, in the last tax year (6 April to 5 April), you were:

  • self-employed as a ‘sole trader’ and earned more than £1,000
  • a partner in a business partnership

You will not usually need to send a return if your only income is from your wages or pension. But you may need to send one if you have any other untaxed income, such as:

  • money from renting out a property
  • tips and commission
  • income from savings, investments and dividends
  • foreign income

GM Professional Accountants offer a wide range of services that can help you with all aspects related to your accounting and taxation requirements. GM Professional Accountants take care of all your accountancy needs. The accountancy services we provide for businesses are:

  • Bookkeeping
  • Business start ups
  • Company formation
  • Preparation to submission of self assessments
  • Tax Planning
  • Tax advice
  • Tax Returns

How much does an Accountant charge for a self assessment?

The price depends on they type of income declared , services that you require. They add-on services are bookkeeping and accounts. These are required to prepare the self assessment tax return. The price can start from £250 – £650 plus vat depending on the services you require.

GM Professional Accountants support businesses and individuals, as we like to support the growth of your business. Our aim as accountants is to make sure you remain focused on building your business, and leave the finances for GM Professional Accountants to deal with. We keep all your accounts up to date, so any queries, we can deal with straight away. All your tax affairs will be dealt with us, and always update you about your tax returns.

Our specialist tax accountants will work close to you through a proficient and friendly service to support and advise you with all your taxation needs.

GM Professional Accountants will take care of everything from preparation to submission of self assessments, tax returns, and tax planning. Contact us today on 0208 396 6128.