Self Assessment doesn’t need to be painful.
10% discount for Locum PA users.
Physician Associates, you’ve got more important things to think about than your taxes. So let us do them for you.
We’re offering Locum PAs a 10% discount on your first TaxScouts tax return or tax advice purchase.
And we mean a few. After a couple of minutes of answering questions online we’ll have everything we need to start preparing your tax return.
That’s right, you’ll be matched with a real accredited accountant who is best suited to prepare your return. Plus, they’re on hand for questions whenever you need.
Once you’ve signed off your return, your TaxScouts accountant will submit your return with HMRC for you.
We also offer one-off tax advice from an accredited accountant. Want to be more tax-efficient? Need to get your head around your tax situation? We can help.
Book a tax advice consultation for 1-1 professional support by phone or video call.
£139 £125, all in. Learn more
Filling out your annual return needn’t be taxing. This start-up aims to take the pain out of many people’s biggest headache.
The Times
You’re not alone. If you’ve got a question about tax we’ve probably heard it before and have an answer, or we can walk you through what to do.
Yes! As part of the tax accountant service, your accountant can register you for Self Assessment for free.
This means we can let HMRC know that you’re earning untaxed income and send off for your Unique Taxpayer Reference (UTR) number which you need to file your tax return.
It usually takes about 10 working days to arrive, but be aware that we don’t have control over it being sent to you. If you need to chase it up, you have to speak to HMRC directly.
Read more about how to get your UTR here.
It usually depends on how complex your tax situation is.
Our standard is two days from the point where our accountant has all the documents they need from you.
One thing to keep in mind: if this is your first Self Assessment you’ll need to register and get a UTR number first. HMRC can take a few weeks to send it by post – so you should register early.
The documents we require depend on why you need to do a Self Assessment.
If your only reason to file one is because you’ve gone over the £150,000 earnings threshold, and your only source of income is employment (PAYE), then we only need a P60 (sometimes a P45 as well), and any P11D forms you might have received from your employer.
However, if you already have an HMRC Online Services account, we can simply connect to it and simply pull your information from there. And, in case you’re wondering, we’re authorised by HMRC to do this.
For any other reasons to do a Self Assessment, we have a longer list of documents here.
You get a 30 minute phone or video call with your accredited accountant. They’ll then provide you with a written summary of your call, plus any follow up actions which will be available in your TaxScouts online account.
Depending on your situation, you may be entitled to claim different expenses back on your Self Assessment.
If you’re self-employed you can claim expenses individually (full list here) or claim the £1,000 Trading Allowance.
If you’re a landlord, you can claim certain replacement items, renovations and if you live in the property (full list here) or claim the £1,000 Property Income Allowance.
Other general allowances can be found here for investors, high-earners and other taxpayers.
After your personal, accredited accountant has filed your tax return, all you need to do is prepare to pay your bill or, if you’re due one, wait for your refund.
You can do this either directly on HMRC online or via your TaxScouts account, where we’ll redirect you to HMRC’s payment portal.
We’re glad you asked. Especially for self-employed businesses, we now offer new, free bookkeeping tools. You can create and send personalised invoices, input and track your income and expenses for an overview, all in one place, automatically upload your receipts with our AI-extraction tool – and much much more! Learn more here.
We can!
If you use our tax returns service, your accountant will work to minimise any tax owed while preparing your tax return. They will use their expertise to claim relevant expenses, allowances and tax reliefs on your tax return.
We also run a one-off tax advice service where we can help you understand your UK personal tax situation. Whether you’re trying to find ways to reduce your tax bill, to improve your future financial position by making the most of relevant tax reliefs, and more – we can help you.
Check out our tax advice service to learn more.
