Self Assessment

Self Assessment

A Self-Assessment is the process of understanding how much income tax an individual has to pay. It is calculated using a report of how much profit (or loss) you have made in that period. It can be a complicated and time-consuming process for most, especially while trying to run a business.

At OCM Accounting we will:

·         Prepare your tax return

·         Check all sections of the tax return

·         send a draft of your annual accounts so you are happy with all the information given

·         send a draft of the tax return and calculations ready for finalising

·         After Approval we will submit electronically to HMRC

·         Deal with HMRC on your behalf