A self Assessment Tax Return is a statutory requirement for all Company Directors in the UK.
Whether you are a Director of a FTSE company or like most of us a Director of your own small to medium sized business, you are required by HMRC to complete a Self Assessment Tax Return.
The logic behind this is that most Limited Company Directors remunerate themselves by a mixture of a small salary for the duties as a Director, in addition they pay themselves a dividend out of the Company’s post tax profits. The treatment of dividends for tax purposes is not straightforward, with an associated tax credit being added onto the actual dividend taken.
To ensure that Dividend income is correctly reported and taxed in the appropriate way, Company Directors are required to complete a Tax Return and disclose this information to HMRC.
At PGA Self Assessment we prepare many Self Assessment Tax Returns for Company Directors so you can be confident that we are providing HMRC with the correct information, in the correct format at the correct time.
If you are a Company Director we can prepare, review and submit your Self Assessment Tax Return for just £75 per year submitted. Please complete the instant quote tool above or if you prefer, talk to us on 01666 822256
Also more information can be found in our Tax Return Guide