Personal Tax

Personal tax advice and Self Assessment support for employed and self-employed individuals, helping you understand your tax position and take care of the paperwork.

Help With Your Personal Tax

Whether you’re employed or self-employed, you can benefit from our personal taxation advice here at Braken Chartered Accountants, thanks to our many years of experience dealing with personal tax issues from a vast range of clients.
Any individual whether employed or self-employed can benefit from our personal taxation advice. Every pound of income tax you save means more income at your disposal, which can be used to create more revenue.
Working on your behalf, we will bring all our experience and understanding of the tax system with us to liaise with HM Revenue & Customs on your behalf, allowing you to continue concentrating on the day-to-day running of your business with the minimum of compliance hassle.
Discuss Your Personal Tax
Couple going through their Self Assessment paperwork with a calculator

Personal Tax Support for:

We provide advice and practical help based on how you earn your income and the tax matters you need to resolve.

Tax Return

We prepare and submit your self assessment tax return, bringing together your income and relevant expenses so you understand the figures and know what you need to pay.

Sole traders

We help you report your self-employed income, account for business expenses and understand your tax position, with practical advice based on your records and the way you work.

Partnerships

We prepare partnership tax returns and each partner’s personal return, ensuring their share of business profits is recorded correctly and explaining what this means for their individual tax bills.

Traders paid through the CIS

We bring together your earnings, business expenses and CIS deductions to prepare your tax return, check the tax already paid and establish whether a repayment may be due.

Personal Tax FAQs

Get answers to common questions about Self Assessment, the information needed for your return and how we can help you manage your personal tax affairs.
Being employed does not automatically mean you need a tax return. However, you may need one if you also receive self-employment income, rental income or other untaxed income, or have another reporting obligation. Your overall circumstances determine whether Self Assessment is required.
The usual deadline for an online Self Assessment tax return is 31 January following the end of the tax year. For the tax year ending 5 April 2026, that means 31 January 2027. Any balancing tax payment is normally due on the same date.
Your accountant will need details of your income and any relevant expenses, reliefs and tax already paid. Depending on your circumstances, this may include employment documents, business records, pension contributions, rental figures, dividend statements and CIS deduction statements.
HMRC may require payments on account towards your next Self Assessment bill. These are usually based on the previous year’s liability and are due on 31 January and 31 July. Your first January payment can therefore include both the previous year’s bill and an advance payment.
If you are a sole trader subcontractor, CIS deductions do not replace your Self Assessment tax return. You must report your income and relevant expenses, along with deductions already made. These deductions count towards your final liability, which may result in more tax to pay or a refund.
Making Tax Digital applies to qualifying sole traders and landlords in stages. It began in April 2026 for qualifying income over £50,000 in 2024/25, extending to over £30,000 in 2025/26 from April 2027. Qualifying income generally means gross self-employment and property income before expenses. Exemptions can apply.

Need Help With Your Tax Return?

Speak to Sarah about your personal tax affairs in a free, no obligation consultation. We’ll talk through your circumstances, answer your questions and explain how we can help.
Book a Free Consultation