If you are registered as a self-employed individual with HMRC then you are legally required to complete an annual self-assessment tax return. For many sole traders, freelancers and construction contractors that we operate for it can be a daunting task.
The filing on time of your tax return may save you a penalty but most importantly it should be about assessing your business, your profit and looking for areas to improve. EfficientBooks offers a simple solution for submitting your annual tax return.
Why EfficientBooks?
- Qualified accountants and tax advisers
- Fast delivery of completed calculation
- We send hundreds of tax returns every year
- Online submission to HMRC using approved software
- No stress, as we'll do all the work
- Fees starting from £60.00*
How we calculate and submit your tax return
- FREE First Consultation. We will arrange a Free Appointment in order to understand your business structure, discussing how you derive your income and your expenses. In addition we will also answer any questions you may have about maintaining accurate records and future tax planning strategies. Our agents will also asses your requirements and provide you with a competitive fixed price quote. After you are happy we will exchange contracts and start calculating your tax liabilities.
- You bring required documents/records. We will need invoices, receipts for relevant expenses, payslips, P60’s, bank statements, or other documentation in relation to your business. All information provided will be treated under strictest confidentiality.
- We finalise calculations based on information provided.. We will contact you to discuss balances on your profit and loss accounts. This is crucially important for you to analyse and plan where you can increase profits for next year. We are more than happy to explain our findings to you, making you fully aware of areas worth improving.
- We file online your Tax Return using our approved specialist software. Once you have agreed to our calculations we will proceed with filing online of your annual return. Our HMRC approved software allows us to track progress and deal with concerns raised by the tax office.
*for minimal computing. Costs for more specialised assistance may vary. All costs are subject to VAT
2009 - 2010 Tax Return deadline 31 October for paper returns, 31 January for online returns
Keeping the right records
Keeping the right records is essential. It makes it much easier to manage your business and complete your tax returns. It is also a legal requirement.
The records you need to keep depend on your circumstances but make sure they include: bank statements, receipts for expenses, invoices or payslips, P60/P45.
Essential Deadlines
- 05 April 2010 - Tax year 2009-2010 ends
- 06 April 2010 - Tax year 2010-2011 starts
- Paper Returns filing deadline - 31 October
- Online Returns filing deadline - 31 January
Please contact us to discuss your individual requirements, we will provide you crucial money saving tips to your business as well as an effective solution to filing your annual tax return.


