Self Assessment Services in Peterborough and the UK

Since HMRC rules can be challenging to understand, our experts can help determine if you must register and file self-assessment tax returns. Once we've determined your needs, we can take care of contacting HMRC to register you for tax returns. You will need to fill in an authorisation form (the 64-8) to show the HMRC that you allow us to act on your behalf. We’ll handle the hard work for you!

To prepare your self-assessment tax return, Lukro Ltd's accountant will need your unique taxpayer reference number (UTR) and your national insurance number (NI). If you are not yet registered for self-assessment, our professionals can help you register with the HMRC to receive the necessary UTR.

At Lukro Ltd, we use Xero accounting software or TaxCalc to complete your tax returns. We will calculate your taxes, find any tax savings, solve problems or anomalies, and advise you on your tax owing to the HMRC. Xero and TaxCalc are both HMRC-recognised and Making Tax Digital (MTD) compliant software, so you can always count on your self-assessment tax returns being submitted quickly and securely. In some cases, we can also use our HMRC Agent Account to file your returns.

If you partner with Lukro Ltd for self-assessment services, our professionals will inform you of the information and documents necessary to complete your self-assessment tax return. It is best practice to keep records of all your untaxed income, savings, and assets, taxed employment income and deductions, and expenses throughout the year in preparation for your tax return to be completed. We may also need supplementary information depending if you are a self-employed individual, company director, or have property, capital gains, or foreign income and gains. You can rely on our online GDPR-compliant portal to transmit or upload information to us, without compromising your details or data.

Once we receive all your information, Lukro Ltd professionals will be able to complete and file your self-assessment tax return and supplementary sections. Our qualified accountants understand HMRC rules and how they apply to different individuals, making sure that your tax returns are accurate and thorough. You not only avoid fines for inaccuracy, but you can also reduce your tax owing through available credits, eligible expenses, and benefits. We also ensure that your tax returns are submitted before the deadline in January so you can make the necessary payment and avoid late penalties.