You should complete a self-assessment income tax return if you are in business, either as a sole trader person or sometimes as a company director. Simple planning and the right advice can make completing your income tax return relatively painless.



  • Contact VTAX Accountants and Tax Advisors at 0271018999 or book an initial appointment online at
  • Negotiate a customized package with VTAX Accountants And Tax Advisors in London or the UK wide a by choosing services of your choice. View our Services


  • We begin by asking you about all of your income sources including those taxed at source and untaxed Income
  • We ask you to provide all evidence documents. HMRC requires you to keep a Six years record after 31st January submission of returns of a relevant year.
  • We carry out an extensive documentation audit for you to see if you have your P45, P60 and P11D at hand; completed and submitted.
  • As part of our tax filing service we may ask you for records of Taxed Award Schemes, redundancy payments, untaxed tips, incentive payments or any benefits vouchers like free meal.
  • Based on all of the above, we create your tax profile for you.


  • We help you determine which costs you can claim as allowable expenses. The criteria can differ for a sole-trader, partnership or a company.
  • For expenses that have both personal and business use, we do necessary apportioning as per HMRC guidelines.
  • If you work from home, we can help you claim a percentage of your household bills as allowable expenses.
  • We can also determine if ‘cash basis’ accounting and ‘simplified expense’ scheme is an option for you or not, and whether it will optimize your tax bill if you choose them


  • Once we have established all incomes and expenses, we make a diligent calculation of your tax bill.
  • We are self-assessment accountant that work closely with its clients. Therefore, we will share all such calculations with you before we actually file them for you.
  • We take our clients’ input very seriously. Rest assured your suggestions, queries and opinions will be taken care of.


  • As your tax return accountant, we file your returns online on your behalf with your Unique Taxpayer Reference.
  • Usually, we complete a Self-Assessment Return within 5 days until and unless unusual circumstances or complications arise. The earlier you book a self-assessment returns services with us, the less you will pay.
  • Once the Self-Assessment Returns are filed, HMRC will inform you of any tax still due or any rebate due.
  • The HMRC may take up to 8-10 weeks to sort out refunds in simple cases. Complex cases will take longer time. You may expect communication from HMRC accordingly.

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