self assessment
We offer a range of services from regular bookkeeping to keep your accounts in check all year round to drafting and submitting your annual HMRC self-assessment and tax return.
We can be available at times to suit you, as we understand that running a business is more than just a 9-5 commitment. Some clients prefer evening or weekend meetings and that’s fine. Some of our clients prefer to work remotely so we can support with your HMRC self-assessment tax return work by email, phone and through your accounting software, such as FreeAgent, Xero or even Excel! If you are looking at moving to an accounting software, we can advise on the best ones for your business.
Making Tax Digital for Income Tax (MTD) rules apply to you if you’re registered for Income Tax Self-Assessment and have a qualifying income of more than £50,000. If you meet this criteria, from 6 April 2026 you’ll need to use MTD compatible software to:
keep records of your business income and expenses in a digital format
send quarterly updates of your business income and expenses to HMRC
finalise your business income and submit your final declaration
AMA Accountancy can help you prepare for this deadline and ensure your systems are all in place to record your income and expenses, be ready to submit quarterly updates to HMRC and be ready to submit your final declaration on time.
Don’t leave your business accounts to the last minute. Our busiest time of the year is approaching the tax return deadline of end of January as so many people leave their accounts disorganised and receipts in a pile until the HMRC deadline is looming.
Our efficient team will take the pressure off and help you organise your accounts and feel reassured that you are fully prepared and compliant too. We can help you maximise the opportunities to allocate expenses and help you plan when to purchase new assets or even expand your business.
Thinking of becoming VAT registered as a Limited Company?
Let us help you explore how this would work for your business and support you to make the best decision at the right time. There’s a lot to think about and we can help you understand exactly how becoming a limited company would impact on your income, expenses and associated business costs.
As well as Self-Assessment support we also work with Limited Company Accounts, Payroll, Bookkeeping, and VAT Returns. AMA Accountancy is a one-stop shop for all your financial and accountancy needs – we guarantee to take the stress out of your day!