Get an accredited UK accountant to answer all your tax questions and take it off your plate.
Money Dashboard investors get an exclusive 15% discount too!
Nobody likes doing taxes. They’re complicated and the tax jargon is just ridiculous. So we’ve partnered with Money Dashboard to offer their investors a helping hand.
Money Dashboard investors get 15% off! (New customers only. Redeemable once.)
It’s a simple online process. Fast, efficient and a whole lot less scary than doing it yourself.
No more worrying about missing a rebate or making a mistake. Get your return drafted by a real, accredited accountant.
It doesn’t matter how complicated your situation is or how much you earn. All for a flat fee.
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, no matter how basic, we’ve heard it all before. We can walk you through what to do, or you can check out our guides, Taxopedia and calculators, to find the answer in your own time.
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 £100,000 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.
Yes, after you’ve paid your one-off fee, you’ll get an accountant assigned to you, and you can communicate with them freely through our platform or by email.
Of course, if you have any questions beforehand, our support team also is available to help you, free of charge. Here’s how the TaxScouts self assessment tax returns process works.
No – unless you also need to file a Self Assessment.
You need to file a Self Assessment if:
We don’t just take you halfway there – TaxScouts is a complete tax return service:
Making Tax Digital (MTD) is an HMRC initiative that is meant to replace annual Self Assessment tax returns by requiring you to report your income and expenses quarterly instead of once per year.
For the 2019/2020 tax year, only limited companies and self-employed people earning over £85,000 and who are already registered for VAT have to join the MTD scheme. So, in reality, most people don’t need to worry about it for a while.
There are two main ways to save money into your pension:
You can only claim the pension tax relief if your pension contributions are not made using “net pay” or “salary sacrifice” – check with your employer.