Your tax, filed early and explained first.

Tax returns, filed early and explained first.

Self assessment · SA100Tax year 2026 to 2027An example

1. Records inDone
2. Return drafted and checkedDone
3. Bill explained to youDone
4. You approved itDone
5. Filed with HMRC, earlyDone

Tax due 31 January£6,611.80

TaxReck prepares and files tax returns for sole traders, landlords, partnerships and small limited companies across the UK: self assessment, corporation tax, VAT and capital gains. Every return is checked by a qualified accountant, the bill is explained months before it is due, and nothing reaches HMRC until you have said yes.

We aim to file

2 months ahead of the deadline

Checked

100% of returns, by a qualified accountant

Filed without your yes

0 returns, ever

From

£150 for a tax return only

02Who you are

Three taxpayers, three different years.

Self employed, on your own or in a partnership

One tax return a year for your trade, any other income and the National Insurance that comes with self employment.

• Every allowable expense claimed: tools, mileage, home office, phone
• Class 4 National Insurance and payments on account explained
• Making Tax Digital checked against your income
• CIS deductions reclaimed as the tax year opens, if you are in construction

1. 5 OctRegister, first year only
2. 31 JanReturn filed, tax paid
3. 31 JulSecond payment on account

Directors of small limited companies

Accounts at Companies House, a corporation tax return at HMRC, and usually your own return as a director. The value is in how salary, dividends and pension are set for the year.

• Statutory accounts and the CT600 with full computations
• Salary and dividends planned for your whole income
• Director's loan account kept from drifting
• The marginal band between £50,000 and £250,000 watched

1. +9 monthsAccounts filed
2. +9 months, 1 dayCorporation tax paid
3. +12 monthsCT600 filed

One flat, a portfolio, or property in a company

Rental profit goes on the property pages of your return. Mortgage interest is a 20% tax reducer, not an expense, and tax on a sold home is due within 60 days.

• Finance costs treated correctly
• Repairs separated from improvements
• Capital gains reported inside the 60 day window
• Gross rent tested against the Making Tax Digital threshold

1. 60 daysAfter a sale, to report and pay
2. 31 JanReturn filed, tax paid
3. April 2027Property rates of 22, 42 and 47%

• CIS subcontractors
• Barbers and salons
• Freelancers
• Trades and garages

03Returns we file

Every return, by its proper name.

SA100

Self assessment

Your personal return, with the pages your income needs. Self assessment in full.

CT600

Corporation tax

The company return, computations and accounts.

SA800

Partnership return

The partnership's return, and each partner's share.

VAT

VAT returns

Quarterly, through Making Tax Digital software.

CGT

Capital gains

Property, shares or a business, and 60 day returns.

PAYE

Payroll, P11D and CIS

The returns that sit around the main ones.

04How we work

Nothing filed until you say yes.

1. 1Records in
2. 2Return drafted and checked
3. 3Bill explained
4. 4You approve
5. 5Filed early

Your tax, explained before it is dueSole trader, profit £38,000An example

Income tax

£5,086.00

Class 4 National Insurance

£1,525.80

Slide to your own bill for the year

£6,611.80

• 31 January£9,917.70The year's bill plus the first payment on account
• 31 July£3,305.90The second payment on account

For a first year with payments on account, where little of your tax is taken at source. Figures for England, Wales and Northern Ireland, 2026 to 2027.

05What we need

What we need from you.

• Your UTR and last return

  Your ten digit tax reference, and last year's return if you have it.

• Pay from a job

  Your P60, P45 or payslips, if you are also employed.

• Business income and costs

  Or nothing at all, if we already keep your books.

• Rent and property costs

  Letting agent statements, mortgage interest and repairs.

• Interest, dividends and sales

  Bank interest, dividends, and any property or shares you sold.

• Pension and Gift Aid

  Anything you paid in personally, so the relief is claimed.

For a limited company: your company number, your year end date and the bank statements for the year. To act for you with HMRC we send a short authorisation link.

06Rates 2026 to 2027

The numbers for 2026 to 2027.

Figures for England, Wales and Northern Ireland from 6 April 2026. Scotland sets its own income tax bands.

Coming up

What changes next

• 28 Oct 2026The next Budget. We update this page the week after
• Apr 2027Property and savings income get rates of 22%, 42% and 47%
• Apr 2027Making Tax Digital reaches income over £30,000
• Apr 2028Making Tax Digital reaches income over £20,000

Tax DeskWork out your own figuresSix free calculators on this year's rates. Nothing is sent anywhere. Open the Tax Desk

Checked against Finance Act 2026 and the 2026 to 2027 rate tables on GOV.UK. Figures can move at a Budget, so ask us before you act on any of them.

07What it costs

Fixed fees for every return.

One fixed fee, agreed in writing before any work starts, usually paid monthly. Quick questions by phone or email are never billed.

• 60 day property return£125
• VAT return£120 each
• VAT registration£275
• Catch up years£150 a year
• Extra director's return£100 a year

08Questions

Tax, answered.

What are payments on account?

Once your self assessment bill is £1,000 or more and less than 80% of your tax was collected at source, HMRC asks for next year's tax in advance: half on 31 January, half on 31 July, each based on this year's bill. The first year is the painful one because you pay this year's balance and half of next year's on the same day. We tell you the figure months ahead, and reduce the payments if we know your profit is falling.

Sole trader or limited company?

It depends on profit, on how much you need to draw, and on how much admin you will tolerate. With dividend rates up again this year the tax gap has narrowed for modest profits, while a company still wins on liability protection and on leaving profit in the business. We run both sets of numbers on your figures before you decide, at no cost.

Can I still claim my mortgage interest as a landlord?

Not as an expense. Since April 2020 finance costs on residential lets give a tax reducer of 20% of the interest instead. For a basic rate taxpayer that is roughly the same result; for a higher rate taxpayer it is not, and it can push you into a higher band because rent is taxed before the interest is taken off. From April 2027 rental profit will also have its own rates of 22%, 42% and 47%.

When is corporation tax due?

Nine months and one day after your accounting year end, which is earlier than the return itself, due at twelve months. A 31 March year end means tax paid by 1 January and the CT600 filed by 31 March the following year. We aim to have both done inside three months of the year end so the tax figure is known early.

I am late. How bad is it?

A self assessment return one day late is £100. After three months it is £10 a day for up to 90 days, a further £900, and after six and twelve months further penalties of 5% of the tax or £300, whichever is more. Interest runs on unpaid tax from the due date. All of this is fixable, and we appeal where there is a reasonable excuse. The sooner it starts, the smaller it stays.

Do I need to file a self assessment return at all?

Yes if you were self employed with turnover over £1,000, a landlord with rental profit over £2,500 or rent over £10,000 (tell HMRC if rent is over £1,000), anyone with dividends or other untaxed income to declare, or if HMRC has sent you a notice to file. If you are not sure, use the quick check below or ask us.

09Get a quote

Ready to hand the tax over?