Self Assessment tax return
£200
+ VAT
We prepare and file your return, report all income and expenses accurately and make sure you claim the deductions you are entitled to.
Book now →Self-employed individuals
Self Assessment, done right and on time.
We prepare and file your tax return, claim every allowable expense and keep you ahead of HMRC deadlines — including Making Tax Digital for Income Tax.
Fees
Our self-employed services.
Clear prices, agreed before we begin. All fees are subject to VAT.
Tax advice
£350
+ VAT
Advice on reducing your tax bill legally — allowances, reliefs, pension contributions and the best way to structure your work.
Book now →CIS registration
£100
+ VAT
Registration as a contractor or subcontractor under the Construction Industry Scheme, and help reclaiming overpaid CIS tax.
Book now →Benefits advice for the self-employed
£350
+ VAT
Guidance on benefits you may be eligible for with fluctuating or lower self-employed income, including Universal Credit.
Book now →Who needs to file?
Do you need a tax return?
You may need to send a Self Assessment return for the tax year if any of these apply to you. If in doubt, ask us — or use HMRC’s online checker.
Sole traders & freelancers
Your self-employed income was more than £1,000 (the trading allowance) in the tax year.
Landlords
Your income from property was more than £1,000, or more than £7,500 under Rent a Room.
Savings, dividends & investments
You received more than £10,000 in untaxed savings interest, or more than £10,000 in dividends.
Capital gains
You sold assets such as property or shares and have Capital Gains Tax to pay (gains above the £3,000 annual exempt amount).
Foreign income
You have income from abroad that must be reported to HMRC.
Child Benefit & high income
You or your partner have income over £60,000 and receive Child Benefit (High Income Child Benefit Charge), unless it is collected through PAYE.
Earning a high salary alone no longer means you must file, if all your income is taxed through PAYE. HMRC’s tool: check if you need to send a tax return.
New for 2026
Ask about MTDMaking Tax Digital for Income Tax.
Sole traders and landlords are moving to digital records and quarterly updates to HMRC. We set you up with compatible software and submit your updates for you.
| Qualifying income over | Based on tax year | MTD from |
|---|---|---|
| £50,000 | 2024 to 2025 | 6 April 2026 |
| £30,000 | 2025 to 2026 | 6 April 2027 |
| £20,000 | 2026 to 2027 | 6 April 2028 |
Qualifying income is your gross self-employment and property income. Source: HMRC guidance.
Why Ola Accountancy
Why clients choose us.
Up to date with HMRC
We follow HMRC announcements, policy changes and new legislation so your return is fully compliant.
Stress-free submission
A personalised checklist, simple ways to send us your records, and we handle everything through to submission.
Personal service
Advice that reflects your circumstances — we take the time to understand your finances.
Lower your tax bill
We claim every allowable expense and relief, not just file the numbers.
No late penalties
A proven system to get your return filed correctly and before the deadline.
Clear pricing
Straightforward fees for freelancers, contractors, landlords and higher earners.
Checklist
What we need from you.
Keep these organised through the year and your return will be quicker, more accurate and cheaper to prepare.
- Sales invoices and records of all payments received (bank, PayPal, Stripe, cash)
- Earnings from platforms such as Etsy, Fiverr, Uber or Airbnb
- Business expense receipts — travel, vehicle, equipment, software, insurance, marketing
- Bank and credit card statements for business transactions
- P60 / P45 and details of benefits in kind if you are also employed
- Dividend vouchers, savings interest and capital gains details
- Pension contributions and Gift Aid donations
- Details of any foreign income, rental income or pensions
Key dates
Deadlines & penalties.
| 5 October | Register for Self Assessment if you are filing for the first time |
| 31 October | Paper tax return deadline |
| 31 January | Online tax return deadline and balancing payment (plus first payment on account) |
| 31 July | Second payment on account |
Late filing penalties
- £100 immediately after the deadline
- After 3 months: £10 per day, up to £900
- After 6 months: 5% of the tax due or £300, whichever is greater
- After 12 months: a further 5% or £300, whichever is greater
Interest and late payment penalties also apply to tax paid late. Taxpayers within Making Tax Digital move to a points-based late submission regime.
FAQs
Common questions.
I earn less than £1,000 from my side business. Do I need to file?
Usually not — the £1,000 trading allowance covers it, unless you need to file for another reason. We can confirm in a first consultation.
Can you file a return that is already late?
Yes. We will file as quickly as possible to stop daily penalties building up and can help you appeal penalties where there is a reasonable excuse.
Do I need Making Tax Digital software?
If your qualifying income is above the threshold for your start date, yes. We will set you up with HMRC-recognised software and can submit the quarterly updates for you.
What if HMRC opens an enquiry into my return?
We deal with HMRC on your behalf, prepare the evidence and respond to their questions.
Get started
Let us handle your tax return.
Send us your details and we will call you back within one working day with a clear quote.
Get started
Book your consultation.
First consultation £100 + VAT. Tell us about your situation and we will explain exactly how we can help.