Self-Assessment Checklist

Stress-Free Self-Assessment in Chester

Chester Self-Assessment deadline approaching? Phillips & Co Accountants specialise in making Self-Assessment tax returns straightforward and stress-free for individuals and sole traders across Chester. We handle the complexities, ensuring accuracy and compliance with HMRC, so you can avoid penalties and focus on what matters. Our expert Chester team helps maximise potential refunds and minimise your tax burden.

Here’s how to make the process seamless:

  • Complete This Checklist: Tick the items that apply to you. This step is crucial as it informs us about the documents we should expect from you.
  • Upload All Information and Documents to Your Iris Openspace Account: Your secure portal keeps everything organized and safe.
Privacy Matters: Your information is strictly confidential and will only be handled by Phillips & Co. For more details, please review our Privacy Policy and Terms of Service.
Remember: Submitting the checklist is essential to allow us to gather all  necessary documents for your tax return preparation.

 

Self-Assessment Checklist

Income from Savings and Investments

Child Benefit

Partner's Income: Over £50,000 per annum?

Student Loans

Other Income

Pensions

Charity Donations

Capital Gains

Spousal Income

Employment Documents

State Benefits

Tax Coding

Benefits in Kind

Professional Expenses

Self-Employment Income

Self-Employment Expenses

Business Car Use

Property Income

Foreign Income

Crypto Assets

Other Deductible Expenses

Privacy Policy

15 + 14 =

Self-Assessment: FAQ’S

Need Self-Assessment help? Accountants Chester make it easy with our checklist and FAQs. Find immediate answers and simplify the entire process.

Simplify the Self-Assessment Process with our checklist – check out our FAQs for quick answers.

This checklist, provided by Phillips & Co Accountants in Chester, is designed to help you identify and gather the essential documents and information needed to complete your UK Self-Assessment tax return accurately and efficiently. Using it helps prevent common errors and ensures you have the necessary proof for income and expenses.

Our checklist covers the most common information required for standard Self-Assessment returns. However, complex situations (like foreign income, specific investments, or unusual expenses) might require additional documentation. If you're unsure, our Chester accountants can provide tailored advice based on your specific circumstances.

Gather everything you can first. If some documents (like specific receipts) are genuinely lost, make a note of the details. In some cases, estimates or alternative evidence might be acceptable to HMRC, but it's crucial to get it right. For guidance on handling missing information for your Self-Assessment, contact our team at Phillips & Co in Chester.

HMRC requires you to keep your Self-Assessment records for at least 5 years after the 31 January filing deadline for the relevant tax year. This includes all the documents on this checklist that support your income and expense claims. Good record-keeping is essential.

While maintaining records year-round is best, you should start actively gathering the specific documents on this checklist well before the Self-Assessment filing deadline (31 January for online returns). Starting early, perhaps a few months after the tax year ends on 5 April, reduces stress and gives you time to locate everything. Our Chester accountants always advise preparing in advance!

Excellent preparation! The next step is preparing and filing your Self-Assessment return using this information. If you'd like peace of mind knowing it's done accurately, efficiently, and claiming all entitled reliefs, Phillips & Co Accountants in Chester can help. We can take your organised information and manage the entire filing process for you. Our Self-Assessment Services.

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