Friday, 26th July 2024 at 5 pm

Don't forget to mark your calendars for the up-and-coming first EasyBooks self-assessment deadline of the year.

Ensure timely submission of all necessary documents and information to your accounts manager, to avoid any additional fees to your final invoice.

The Current Year End:

6th April 2023 - 5th April 2024

Who does this apply to:

Sole Traders
Company Directors
Business Partners
Rental owner generating an income

Many of our clients have completed and signed off their 23/24 self-assessment and have avoided extra charges and a few extra grey hairs, knowing that their finances and paperwork are in good order.

So, with that in mind, why not gather all your year end paperwork and bring/send/portal ("but not necessarily in the right order") to us within the next few days. The clock is ticking and the deadline is only a few weeks away.

Please ensure all your relevant paperwork and documents for your 2023/24 self-assessment are with us before close of business 5 pm, Friday, 26th July.

After this date (and time) has passed there will be an additional 5% charge to your total invoice.

The Checklist

When preparing to forward your self-assessment paperwork to us, please take a good long look at our checklist and include all the relevant documents and paperwork that apply to you.

Please can you also keep in mind that, completing a self-assessment tax-return can take a minimum of two months to complete. Chasing missing paperwork can cause further delays, especially if our calls, emails and messages go unchecked.

Please acknowledge our calls or emails when we contact you and follow up with any potential missing paperwork or documents or even just an answer to a simple but quick query that your accounts manager may have, as soon as you can.

This Could Include for Self Employed

o Invoices and sales receipts

o Bank statements and cashbook records

o Mileage record (if applicable)

o Loan/HP agreements

o Details of all business transactions

If You Receive Income from a Rental

o Information relating to your property income

o Capital/Expenditure in the previous tax year (e.g. mortgage interest, repairs, insurance, rates.)

o Anything else you can think of that may be relevant

What to Declare

You must report everything you’ve earned over the tax year from 6 April 2023 to 5 April 2024.

This includes income from employment, self-employment, income from property and interest and gains on your savings and investments.

If in doubt let us have the information and we can leave out what HMRC doesn't require.

Don't forget there are expenses that you can claim for too. To find out what you can and can't claim for check it out here, www.gov.uk/expenses-if-youre-self-employed

Stay on top of your financial obligations and make the process smooth and hassle-free with EasyBooks. Let us help you streamline your self-assessment process and keep your financial records in order. Trust the EasyBooks expert team of accountants to simplify your accounting tasks and ensure compliance with regulations.