Planning for your 2021/21 Self-Assessment Return

Your 2019-2020 self-assessment return can be completed any time after 5 April 2021 and your personal tax calculated.

You will have until the 31 January 2022 to pay your tax, but you will know well in advance what your payment will be or indeed if you are entitled to a refund.

Early assessment allows time for efficient tax planning and if you have earnings subject to PAYE your tax code can be altered early.

Your self-assessment return can be revised with HMRC after it is filed if your position changes.

To benefit from early assessment please speak to us as soon as you have all your records covering your income including dividends, Investment and rental income plus details of expenses.

 

Good Accountancy

Contact us on 01420 525 020 or info@goodaccountancyservices.co.uk
for advice or to discuss how we can help.