Self Employed

Everyone who is self employed is required to submit a Self Assessment Personal Tax return each year.

You will be considered as self employed for tax purposes if you receive income that has not had Pay as You Earn (PAYE) tax and/or National Insurance (NI) deducted at source. Examples of this type of income are:

• Trading income
• Investment income
• Rental income

1st Contact has an enormous amount of experience in dealing with self employed individuals and offers an extremely personalised and informative service. Please contact us and we will go through the relevant requirements and processes with you in detail. 

1st Contact will keep you updated on your self assessment progress through your own personal accountant.

We file the returns electronically which is quicker and allows us to avoid the issue of returns lost in the post.

Self Assessment service includes:

• Collating all required information
• Calculating any tax liability or refund
• Completing and filing your tax return on your behalf
• Advising you when various payments are due and how much to pay
• Introducing you to any relevant tax saving ideas