Self Assessment tax return
£200
+ VAT
We prepare and file your return, report all income and expenses accurately and make sure you claim the deductions you are entitled to.
Book now →Self-employed individuals · Luton & Birmingham
Self Assessment accountant for sole traders, CIS subcontractors and landlords.
Ola Accountancy prepares and files Self Assessment tax returns from £200 + VAT, claims CIS tax refunds and sets you up for Making Tax Digital for Income Tax — from our offices in Luton and Birmingham, in English or Romanian. Send us your records and we handle HMRC for you.
At a glance
Self Assessment, CIS and MTD in one place.
A fixed-fee tax return service for anyone who must report income to HMRC outside PAYE.
Who it is for: sole traders and freelancers, CIS subcontractors in construction, landlords, delivery and taxi drivers, people with foreign income, dividends or capital gains, and company directors who need a personal return.
Price: Self Assessment tax return £200 + VAT; CIS registration £100 + VAT; tax advice £350 + VAT. All fees are quoted excluding VAT and confirmed in writing before any work starts. A first consultation is £100 + VAT.
Where: Ola Accountancy, 23A George Street, Luton LU1 2AF and 22-42 Washwood Heath Road, Saltley, Birmingham B8 1RB — and online for clients anywhere in the UK.
Languages: English and Romanian (vorbim românește), plus Hindi, Gujarati, Italian, Urdu and Punjabi across the team.
What is included
- HMRC registration and UTR number if you are filing for the first time
- Preparation of the SA100 and SA103 self-employment pages from your records
- Allowable expenses, capital allowances and the trading allowance checked
- CIS deductions reported and any CIS tax refund claimed from HMRC
- Tax, Class 4 National Insurance and payments on account explained before filing
- Online filing with HMRC and a copy of your calculation
- Making Tax Digital for Income Tax set-up when it applies to you
- Support if HMRC writes to you about the return
Fees
Our self-employed services.
Clear prices, agreed before we begin. All fees are subject to VAT.
Tax advice
£350
+ VAT
Advice on reducing your tax bill legally — allowances, reliefs, pension contributions and the best way to structure your work.
Book now →CIS registration
£100
+ VAT
Registration as a contractor or subcontractor under the Construction Industry Scheme, and help reclaiming overpaid CIS tax.
Book now →Benefits advice for the self-employed
£350
+ VAT
Guidance on benefits you may be eligible for with fluctuating or lower self-employed income, including Universal Credit.
Book now →Who needs to file?
Do you need a tax return?
You may need to send a Self Assessment return for the tax year if any of these apply to you. If in doubt, ask us — or use HMRC’s online checker.
Sole traders & freelancers
Your self-employed income was more than £1,000 (the trading allowance) in the tax year.
Landlords
Your income from property was more than £1,000, or more than £7,500 under Rent a Room.
Savings, dividends & investments
You received more than £10,000 in untaxed savings interest, or more than £10,000 in dividends.
Capital gains
You sold assets such as property or shares and have Capital Gains Tax to pay (gains above the £3,000 annual exempt amount).
Foreign income
You have income from abroad that must be reported to HMRC.
Child Benefit & high income
You or your partner have income over £60,000 and receive Child Benefit (High Income Child Benefit Charge), unless it is collected through PAYE.
Earning a high salary alone no longer means you must file, if all your income is taxed through PAYE. HMRC’s tool: check if you need to send a tax return.
New for 2026
Ask about MTDMaking Tax Digital for Income Tax.
Sole traders and landlords are moving to digital records and quarterly updates to HMRC. We set you up with compatible software and submit your updates for you.
| Qualifying income over | Based on tax year | MTD from |
|---|---|---|
| £50,000 | 2024 to 2025 | 6 April 2026 |
| £30,000 | 2025 to 2026 | 6 April 2027 |
| £20,000 | 2026 to 2027 | 6 April 2028 |
Qualifying income is your gross self-employment and property income. Source: HMRC guidance.
Why Ola Accountancy
Why clients choose us.
Up to date with HMRC
We follow HMRC announcements, policy changes and new legislation so your return is fully compliant.
Stress-free submission
A personalised checklist, simple ways to send us your records, and we handle everything through to submission.
Personal service
Advice that reflects your circumstances — we take the time to understand your finances.
Lower your tax bill
We claim every allowable expense and relief, not just file the numbers.
Filed on time
A proven system to get your return filed correctly and before the deadline.
Clear pricing
Straightforward fees for freelancers, contractors, landlords and higher earners.
Checklist
What we need from you.
Keep these organised through the year and your return will be quicker, more accurate and cheaper to prepare.
- Sales invoices and records of all payments received (bank, PayPal, Stripe, cash)
- Earnings from platforms such as Etsy, Fiverr, Uber or Airbnb
- Business expense receipts — travel, vehicle, equipment, software, insurance, marketing
- Bank and credit card statements for business transactions
- P60 / P45 and details of benefits in kind if you are also employed
- Dividend vouchers, savings interest and capital gains details
- Pension contributions and Gift Aid donations
- Details of any foreign income, rental income or pensions
Key dates
Deadlines & penalties.
| 5 October | Register for Self Assessment if you are filing for the first time |
| 31 October | Paper tax return deadline |
| 31 January | Online tax return deadline and balancing payment (plus first payment on account) |
| 31 July | Second payment on account |
Late filing penalties
- £100 immediately after the deadline
- After 3 months: £10 per day, up to £900
- After 6 months: 5% of the tax due or £300, whichever is greater
- After 12 months: a further 5% or £300, whichever is greater
Interest and late payment penalties also apply to tax paid late. Taxpayers within Making Tax Digital move to a points-based late submission regime.
FAQs
Self Assessment questions, answered.
How much does an accountant charge for a Self Assessment tax return?
At Ola Accountancy a standard Self Assessment tax return costs £200 + VAT, agreed in writing before we start. That covers preparing the return from your records, claiming allowable expenses and filing it with HMRC. Returns with several income sources (for example property plus self-employment) may need a quote, which we confirm at the first consultation (£100 + VAT).
How do I claim a CIS tax refund as a subcontractor?
If you are a sole trader under the Construction Industry Scheme, contractors deduct 20% (30% if you are not registered) from your pay. You claim it back through your Self Assessment tax return: we report your gross income and total CIS deductions, HMRC offsets them against the tax you owe and repays any overpayment. Limited companies reclaim CIS deductions through their PAYE scheme instead.
Do I need to file a tax return if I earn less than £1,000 from a side business?
Usually not. The £1,000 trading allowance covers small amounts of self-employed income, unless you must file for another reason, such as being a company director with untaxed income, or wanting to register losses. We can confirm your position in a first consultation and register you with HMRC for a UTR if you do need to file.
Can you file a Self Assessment return that is already late?
Yes. HMRC charges an initial £100 penalty for a late return, then daily penalties of £10 per day after three months, so the sooner it is filed the better. We prepare and submit late returns quickly, and where you have a reasonable excuse we help you appeal the penalties.
Do I need Making Tax Digital software for my tax return?
From 6 April 2026, sole traders and landlords with qualifying income over £50,000 must keep digital records and send quarterly updates to HMRC; the threshold falls to £30,000 from April 2027 and £20,000 from April 2028. We set you up with HMRC-recognised software, and can keep the records and submit the updates for you.
Do you help Romanian-speaking clients with Self Assessment?
Yes. Our team works in English and Romanian, so you can explain your situation and receive your documents and HMRC correspondence explained in Romanian. Suntem contabili români în Luton și Birmingham și pregătim declarații Self Assessment, înregistrări UTR și CIS, și rambursări de taxe pentru românii din UK.
What happens if HMRC opens an enquiry into my return?
We act as your agent: we respond to HMRC on your behalf, prepare the evidence and explanations and work to close the enquiry with the smallest possible adjustment. Keeping receipts and bank statements for at least five years after the 31 January filing deadline makes this much easier.
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First consultation £100 + VAT. Tell us about your situation and we will explain exactly how we can help.