Qualified advisers answering your
Financial Questions
call 0800 092 1245

Should you employ an accountant for your self-employed tax return?

As we covered in two of our earlier articles, the UK government is currently undergoing a major crackdown on the self-employed in the UK and any taxation which may be due and has possibly not been declared. The growth in the power and the use of the Internet in the UK and around the world has led to a significant increase in those who are self-employed, often working from home, which has led to some confusion regarding tax affairs.

For just a few hundred pounds it is possible to employ the services of a trained accountant who will be able to administer your tax return in a simple fashion and ensure, as long as you declare all of your income, you will have no problems with the revenue. While many people may look to save a few hundred pounds by completing their own tax return, and some people are more than able to do this, it does take time and mistakes can be costly.

In truth you need to ask yourself whether it is worth the time, effort and potential risk in putting together your own income tax return when this pressure can be taken away and placed in the hands of professionals. It really does come down to personal preference and confidence in your ability to ensure your tax return is correct at the first attempt.

Share this..

Related stories

Financial Guides

Financial Calculators

Our useful calculators can help you get your finances in order:

Latest News


Helpful new tax year facts that could affect you and your money

Blog | Seven helpful new 2016/2017 tax year facts that could affect you and your money. Our recent online blog shares a brief outline on how to stay up to date.

Read more

Useful Links

Popular Searches

Please Enter More Details

Enter More Details