January 31st Self-Assessment Tax return Deadline – Time is running out!

All self-employed individuals and partnerships must complete a Self Assessment tax return. Individuals with income from several sources (e.g. Buy-to-Let property owners) and company directors are also usually issued with a Self Assessment tax return. Only taxpayers with relatively straightforward tax affairs who pay tax through the PAYE system are excluded.

Completing your Self-Assessment Tax return can be time consuming so don’t leave it the last minute!  There is a penalty of £100 if you fail to submit your return by close of play 31st January 2011. 
If you need help preparing your Tax return get in touch and we will be happy to assist.