Directors' Self-Assessment Tax Returns

While you focus on what you do best, we’ll handle what we do best: ensuring your tax compliance and taking the stress out of your annual self-assessment.

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Stress-free tax returns for company directors

Let’s be honest, your self-assessment tax return is usually an unwelcome distraction from your priorities. That could be running a business or managing a property portfolio. At Gravitate, we know that success comes from playing to your strengths while collaborating with others who can take the strain away in other areas.

We will handle your tax compliance and remove the stress from your self-assessment. This means gathering all the information needed to file with HMRC, on time, and avoiding any errors or potential penalties.

We promote the benefits of filing tax returns early to allow you to plan for future tax payments.

Who we work with

Gravitate works with a variety of self-assessment taxpayers, including:
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Successful local business leaders

Self-employed individuals and sole traders

Company directors

LLP partners

Landlords

Let’s get you ready for Making Tax Digital

Making Tax Digital will soon be mandatory for self-employed individuals and landlords. It will be staggered, and not everyone will need to enrol right away, but it is important to be prepared. There are three key upcoming dates after which people will be affected.
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April 2026: Self-employed individuals and landlords with total annual business or property income of more than £50k.

April 2027: Self-employed individuals and landlords with total annual business or property income of more than £30k.

April 2028: Self-employed individuals and landlords with total annual business or property income of more than £20k.

Even if you're not required to opt in yet, maintaining digital records early allows you to get comfortable with the software and processes at your own speed. This can help ease the transition and reduce the risk of errors later.

This is something our team will be happy to help you with!
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Making tax Digital

Got a question? Get in touch with our team today

Client Testimonials

"I genuinely feel like the team is on our side, trying to save us money and help us make better decisions year on year. What we save far outweighs what we spend on the service, and it feels like a real investment."

Sarah Busceddu

Owner / Director

"It's been brilliant... [Gravitate] know what’s going on, so I don’t have to explain everything every time. We can just get straight to the point and make decisions quickly. That’s how I like to work."

Ash Young

Founder & Managing Director

"Gravitate understand precisely what we’re doing, why we’re doing it, the structure of the business, and the relationship with overseas entities, making it all flow under one roof. That level of trust gives me freedom to focus on the things I really like, product, marketing, and getting our brands out there, without being bogged down by accountancy!"

Sylwester Wacht

Managing Director

"Friendly, knowledgeable and professional, Gravitate speak in my language, as accounts are foreign to me. They're always there and if one person is out of the office, another picks up the query immediately. They allow me to focus on what I do best, work on and in the business!"

James Biggin

Managing Director

"If there’s ever an issue, I can call Mike or Charlotte, and it’s resolved quickly. That’s a big difference compared to the typical “just another client” experience. Mike really understands manufacturing, which is rare in accountancy. His background means the advice he gives is pragmatic and grounded in how businesses actually run."

Thomas Harrison

Managing Director

"Gravitate played a key role in strengthening our internal finance function and recruiting top-tier senior finance support. Their Outsourced Finance Director service provided us with the expertise we needed to scale from £15million to £45 million in revenue.

"The Gravitate team have been more than just advisers. They’ve been true partners in our growth journey."

Rob Carlin

Managing Director

"With Gravitate's expertise, we grew our turnover from £4m to £29m, secured £2m in funding to fuel our growth, and achieved a remarkable 10x EBITDA exit.

"Their strategic guidance and hands-on approach were instrumental in achieving these results. We cannot recommend their services highly enough."

Tom Beaufoy

CEO (former)

"I'm so pleased that Gravitate are my accountant, especially with two businesses (sole-trader and Ltd) I always have that peace of mind that my tax returns, VAT etc. are in check. They explain everything thoroughly, help me understand what I can/can't claim, tax etc. (as it really is a minefield to me), and look to help me grow. Can't thank the team enough!"

Chloe Wilkin

Founder & Director

Gravitate Client Stories

Self-Assessment FAQs

What is a Self-Assessment tax return?

A Self-Assessment tax return (SA100) is a form used by HMRC to collect income tax from people whose tax isn’t deducted at source (i.e. not PAYE). SATR includes self-employed people, landlords, company directors, and those with additional income sources.

Who needs to file a Self-Assessment tax return?

Self-employed individuals earning more than £1,000 a year
A partner in an LLP
Company directors earning untaxed income
Landlords with rental income of £2,500
Individuals with foreign income or high earnings over £100,000
Individuals with taxable dividends, savings or investment income

When is the deadline for filing a Self-Assessment tax return?

Paper returns must be filed by 31^st October after the end of the tax year. For online return it is the following 31^st January. Tax payments must be made by 31^st January (if balancing payments) and 31^st July (for payments on account).

What are the penalties if deadlines are missed?

If Self-Assessment tax return deadlines are missed, penalties will apply. This includes a £100 fine if you are up to 3 months late, with additional daily penalties following that. Interest will also be charged on all unpaid tax.

Can I claim expenses on my tax return?

Yes, certain allowable expenses can be claimed as part of your self-assessment tax return. These include office costs, travel and mileage, marketing and advertising, insurance, business premises costs, and professional fees.

What if I make an error on my Self-Assessment tax return?

If you make an error in your tax return, you may amend the tax return within 12 months after the 31^stof January deadline by logging into your HMRC online account. When working with Gravitate, we will ensure your tax returns are completely free of errors!