Self Assessment Tax Returns In Caversham & Reading With Clear, Personal Support
Preparing a tax return can become time-consuming when you are balancing business records, expenses, different sources of income and HMRC deadlines. CG Accounting Services Ltd provides reliable support with Self Assessment tax returns in Reading for sole traders, landlords, individuals and business owners who want their return prepared accurately and explained clearly.
Why Choose Us
- 10+ years of accounting experience
- Personal one-to-one support
- The same accountant gets to know your circumstances
- Clear advice without unnecessary tax jargon
- Support for sole traders, landlords and small businesses
- Experience supporting construction businesses and CIS clients
- Based in Caversham and supporting clients across Reading
Prefer to speak to someone? Call 0118 469 3465 or contact us online.
Who Needs To Submit A Self Assessment Tax Return?
Whether you need to complete a Self Assessment depends on your income and individual circumstances.
You will normally need to send a tax return if you were self-employed as a sole trader and earned more than £1,000 before expenses, were a partner in a business partnership, need to report certain capital gains or have a High Income Child Benefit Charge that is not being collected through PAYE.
You may also need to complete a return if you receive untaxed income from sources such as:
- Rental property or land
- Savings and investments
- Dividends
- Tips or commission
- Foreign income
- Certain taxable income as a non-UK resident
HMRC provides an online tool if you are unsure whether Self Assessment applies to you. Check if you need to send a Self Assessment tax return.
If your circumstances are more complicated, we can help you establish what information needs to be included before preparing your return.
Professional Self Assessment Support
At CG Accounting Services, we help take the uncertainty out of preparing and submitting your tax return.
Depending on your circumstances, our Self Assessment support can include:
- Reviewing the information needed for your return
- Preparing and completing your tax return
- Calculating your tax liability
- Considering relevant allowable expenses and reliefs
- Submitting your return electronically to HMRC
- Explaining how much is due and when
- Answering questions about the figures included
Where something is unclear, we will ask the right questions and explain what we need in straightforward terms.
Our aim is to make the process easier to understand while helping you meet your HMRC responsibilities accurately and on time.
Self Assessment Support For Sole Traders & Small Businesses
For sole traders and small business owners looking for Self Assessment support in Caversham and Reading, preparing a tax return often begins long before the return itself. We also provide remote accounting support for clients who prefer to manage their tax affairs online.
Your business income and expenses need to be recorded accurately so that the figures used for Self Assessment reflect the financial activity of your business.
We regularly help self-employed clients bring that information together, understand what records are required and prepare their annual return.
If you need wider accounting support, our Sole Trader Accounts service can help with your annual business accounts.
Accurate records also make the Self Assessment process considerably easier. If keeping your books up to date is becoming difficult, find out more about our bookkeeping services.
What Information Do You Need For Self Assessment?
The exact documents you need will depend on the income and circumstances being reported.
Useful information may include:
- Records of self-employed income
- Business expenses
- Employment income
- Rental or property income
- Savings interest
- Dividend income
- Pension income
- Foreign income
- Details of relevant capital gains
- Records relating to pension contributions or other applicable reliefs
You may not need every item on this list.
Getting your records organised early gives your accountant time to identify missing information and resolve questions without the pressure of an approaching January deadline.
When Is The Self Assessment Deadline?
Online Self Assessment returns are usually due by 31 January following the end of the relevant tax year.
For the tax year running from 6 April 2025 to 5 April 2026, the online filing and balancing payment deadline is 31 January 2027.
If you need to complete Self Assessment for the first time, you may also need to tell HMRC by 5 October following the end of the tax year.
Some taxpayers also make payments on account. These are normally due on 31 January and 31 July and contribute towards the following year’s tax bill.
Preparing your return earlier can give you more time to understand what you owe and plan for the payment rather than discovering the figure shortly before it is due.
Self Assessment & Making Tax Digital For Income Tax
Making Tax Digital for Income Tax is changing how some sole traders and landlords maintain records and report information to HMRC.
From 6 April 2026, individuals registered for Self Assessment with qualifying gross income from self-employment and property of more than £50,000 must use MTD for Income Tax. The threshold is due to reduce to more than £30,000 from April 2027 and more than £20,000 from April 2028.
This means using compatible software to maintain digital records, send quarterly updates and complete the year-end tax process.
If MTD applies to you, it makes regular bookkeeping even more important because your financial information needs to remain organised throughout the year.
Read our Making Tax Digital for Income Tax guide for more information about what is changing.
How Our Self Assessment Process Works
1. Tell Us About Your Circumstances
We start by understanding where your income comes from and what needs to be included in your return.
2. Provide Your Records
You provide the relevant financial information and supporting records. If something is missing or unclear, we will let you know what is needed.
3. We Prepare & Review Your Return
We prepare the return, calculate the relevant figures and check the information before submission.
4. Understand What Happens Next
We explain the amount due and the relevant payment deadlines so you know what to expect after the return has been submitted.
Why Choose CG Accounting For Self Assessment?
Choosing the right accountant is important when dealing with personal and business tax.
CG Accounting Services combines 10+ years of experience with a personal approach designed around clear communication.
Clients choose us because we offer:
- Personal one-to-one service
- A consistent point of contact
- Straightforward explanations
- Support for sole traders and small businesses
- Specialist experience with CIS and construction businesses
- Local accounting support from Caversham for clients across Reading
We want you to understand what is happening with your tax rather than simply receiving a figure without explanation.
You can read our client testimonials to learn more about working with CG Accounting Services.
Frequently Asked Questions
Can An Accountant Complete My Self Assessment Tax Return?
Yes. An accountant can prepare the return using the information you provide, calculate the relevant figures and submit the completed return to HMRC on your behalf.
Can An Accountant Help Reduce My Tax Bill?
An accountant can make sure relevant income, expenses and available reliefs are considered correctly when preparing your return.
This does not mean your tax bill can always be reduced, but accurate preparation can help ensure you are not overlooking legitimate deductions or paying the wrong amount.
What Happens If My Bookkeeping Is Behind?
Your records may need to be brought up to date before an accurate return can be prepared.
If information is missing, it is better to deal with it as early as possible rather than waiting until the filing deadline is approaching.
Our bookkeeping service can provide ongoing support if keeping your records organised is becoming difficult.
Do I Need Self Assessment If I Am A Company Director?
Being a company director does not automatically mean you must complete a Self Assessment return.
Whether you need one depends on your wider income and tax circumstances. If you are unsure, check the current HMRC requirements or speak to an accountant about your position.
Can You Help With CIS Self Assessment Returns?
Yes. CG Accounting Services has specialist experience supporting contractors and subcontractors working under the Construction Industry Scheme.
For sole traders in construction, CIS deductions can form part of the information considered when preparing a Self Assessment return. You can also learn more about our CIS services.
Speak To A Self Assessment Accountant Today
If you need dependable help with your Self Assessment tax return, CG Accounting Services Ltd can help you organise the information, prepare your return and understand what happens next.
With 10+ years of experience and a personal one-to-one approach, we provide straightforward tax support for sole traders, landlords, individuals and small businesses across Caversham, Reading and the surrounding area. Remote support is also available for clients who prefer to manage their accounting online.
Call 0118 469 3465 or contact CG Accounting Services to discuss your Self Assessment requirements.