Tax Returns
Get in touchAt Professional Accountants, we help individuals, business owners, landlords, and directors and across the UK meet their tax obligations accurately and on time.
Whether you need help with a simple personal tax return or require full-service support for a business or investment portfolio, our tax return specialists work to ensure HMRC compliance while identifying every available deduction and relief.
What Do Tax Return Services Cost?
The cost of tax return services ranges from £150 to over £750, depending on the complexity of your financial situation and the type of return required.
Costs are mainly influenced by factors such as the number of income sources, inclusion of rental or investment income, capital gains, or international tax considerations. Business owners and company directors may incur higher fees when bookkeeping, payroll, or year-end accounts are included.
Contact Professional Accountants to get customised prices for preparing your tax return.
Who Needs to File a Tax Return and Why It Matters?
You’ll need to file a tax return if you’re self-employed, a company director, a landlord, receive income from abroad, or earn over a certain threshold from dividends or capital gains.
Filing a tax return ensures that HMRC accurately assesses your tax liability and that you remain compliant with UK law. Missing deadlines or making errors can result in fines, interest charges, or tax investigations—making accuracy and timeliness critical.
What Information Is Required to Complete a Personal or Business Tax Return?
To prepare your tax return, you’ll need to gather various financial documents and records for the tax year, including:
Employment income – P60s, P45s, and payslips showing salary and tax deductions.
Self-employment income – Invoices, receipts, and expense records for sole traders or freelancers.
Rental income – Details of rental earnings, mortgage interest, repairs, and property-related expenses.
Investment and savings income – Bank interest statements, dividend vouchers, and investment reports.
Capital gains – Information on any asset sales, including shares, property, or other investments.
Foreign income – Records of overseas earnings, dividends, or pensions.
Business accounts – For limited companies or partnerships, include profit and loss statements, balance sheets, and bank statements.
Allowable expenses and deductions – Evidence of any costs that can reduce taxable income, such as professional fees, mileage, or office costs.
Tax reliefs and benefits – Pension contributions, charitable donations, and other eligible reliefs.
Do Tax Return Services Cover Income Tax, Dividends, Capital Gains, and Property Income?
Comprehensive tax return services typically include all major types of personal and business income. This includes self-employment income, PAYE top-ups, dividend distributions, capital gains from asset disposals, rental property income, pension income, and other taxable sources.
Your accountant will also help ensure relevant reliefs and allowances are applied, such as the Personal Allowance, Marriage Allowance, or CGT exemption threshold.
Can a Tax Advisor Help You Minimise Your Tax Bill and Avoid Penalties?
A knowledgeable tax return specialist will identify allowable expenses, capital allowances, losses that can be carried forward, and reliefs you may not be aware of. This minimises your liability while keeping your tax return fully compliant.
Advisors also ensure all returns are filed correctly and on time to avoid HMRC penalties, which can include automatic fines, interest on late payments, or additional assessments.
How Are Self Assessment, Partnership, and Company Tax Returns Handled?
Tax return services cover a wide range of return types, which include Self Assessment for individuals, partnership returns (SA800), and company Corporation Tax returns (CT600).
Your accountant will handle all necessary calculations, prepare supplementary pages, liaise with HMRC, and submit everything through the correct digital channels. Some firms also offer bookkeeping, accounts preparation, and business tax planning as part of their support.
Do Tax Return Providers Offer HMRC Filing and Year-Round Support?
Our professional tax return advisors handle complete HMRC correspondence and online submission via government-approved software. Many also provide year-round support—not just once a year—helping you make informed financial decisions, stay on top of deadlines, and plan for future tax years.
Ongoing support is especially useful for growing businesses, landlords, and those with fluctuating income streams.
Contact Professional Accountants for a consultation on getting tax return advice.