⭐ WEEK 1 – Helpful Hint: Get Ready for the 31 January Deadline (And Why DIY Tax Returns Are Risky)

January is Self Assessment crunch season, and while it may be tempting to “have a go yourself,” this is the time of year when the most mistakes happen — and HMRC penalties follow soon after.

Self Assessment isn’t just form-filling. It requires accurate record-keeping, correct calculations, understanding HMRC rules, and ensuring you claim everything you’re entitled to. A simple oversight can cost you far more than an accountant’s fee.

This Week’s Helpful Hint: Gather Your Essential Documents Now — and Let a Professional Handle the Rest

Before you can complete your tax return, you’ll need:

• Income records
• Expense receipts
• Bank statements
• CIS statements (if applicable)
• Details of any additional income

But having the documents isn’t the hard part — it’s knowing what to do with them.

❗ DIY returns often lead to:

• Missed expenses
• Incorrect profit calculations
• Overpaid tax
• HMRC letters and penalties
• Extra stress during an already busy month

Many sole traders think they’re saving money by filing their own return, but in reality, most end up paying far more tax than necessary.

💼 Why Let Us Handle Your January Return?

When we complete your return, we ensure:

• Total accuracy
• All allowable expenses are claimed
• No penalties, no guesswork
• No time wasted learning complex HMRC rules
• Peace of mind that everything is filed correctly
• Lower stress and better financial outcomes
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January is hectic enough — your tax return doesn’t have to be.

👉 Gather your documents, send them to us, and we’ll take care of everything else.

Your time is better spent running your business, not wrestling with HMRC forms.