Self-employed tax return in Leicester

Cheap self-employed tax return accountants in Leicester

Fixed fees from £199 + VAT, prepared and filed online by qualified accountants. Leicester is an East Midlands city with a large textile, retail and logistics economy and a diverse small-business community.

Rated Excellent · based on 302 Google reviews of the Accotax team

Get your free quote

Tell us a little about your income and we confirm your fixed fee before any work starts.

Name

302

Google reviews of the Accotax team

£199

fixed fee from, plus VAT

100%

online, anywhere in the UK

ICAEW

approved employers list

Local to Leicester

Self-employed tax return help across Leicester

Leicester is an East Midlands city with a large textile, retail and logistics economy and a diverse small-business community. Leicester’s textile, retail and logistics sectors support many small business owners, drivers and independent traders. The nearest places we also cover are Loughborough (9 miles north), Coalville (12 miles north-west), Hinckley (12 miles south-west), Lutterworth (13 miles south), Melton Mowbray (13 miles north-east), Market Harborough (14 miles south-east) and Ashby-de-la-Zouch (16 miles north-west). Each has its own self-employed tax return page.

Areas we cover in Leicester

Who we help in Leicester

Local guide

Self-employed tax return in Leicester: what you need to know

This is how the self-employed tax return works for sole traders, freelancers and gig workers in Leicester. See also our Leicester tax return page covering every service.

Who needs a self-employed tax return in Leicester?

If you trade for yourself in Leicester and gross more than £1,000 in a tax year, HMRC expects a Self Assessment return. Under that figure the £1,000 trading allowance usually means no return is needed. Locally we most often act for small business owners, drivers and independent traders.

The local picture in Leicester

Leicester’s textile, retail and logistics sectors support many small business owners, drivers and independent traders. Leicester’s student population and diverse communities keep rental demand strong across the city.

Expenses and records for Leicester sole traders

Expenses must be wholly and exclusively for the business. Common claims are stock, equipment, professional fees, insurance and a fair share of home-working costs. Good records matter because HMRC can ask for them for up to five years after filing.

Worked example for Leicester

Here is how the sums look for a self-employed driver in Leicester with no other income. Suppose taxable profit is £17,500: about £986 income tax and £296 Class 4 NIC, £1,282, which is the overall bill. Suppose taxable profit is £29,000: about £3,286 income tax and £986 Class 4 NIC, £4,272, which is the overall bill. Suppose taxable profit is £43,500: about £6,186 income tax and £1,856 Class 4 NIC, £8,042, which is the overall bill. Expect any payments on account on 31 January and 31 July. Figures exclude other income and reliefs.

Why use Cheap Tax Returns in Leicester?

Cheap Tax Returns is the fixed-fee brand of Accotax, a UK accountancy practice. Our fees are fixed and quoted in writing before we start, the return is prepared by an accountant and checked before filing, and everything is done online so you never need to travel. Our team holds ICAEW, ACCA and AAT credentials. For a free quote call 0203 4411 258 or email [email protected].

Why use Cheap Tax Returns in Leicester?

Cheap Tax Returns is the fixed-fee brand of Accotax, a UK accountancy practice. Our fees are fixed and quoted in writing before we start, the return is prepared by an accountant and checked before filing, and everything is done online so you never need to travel. Our team holds ICAEW, ACCA and AAT credentials. For a free quote call 0203 4411 258 or email [email protected].

Questions

Questions, answered.

Allowable expenses are costs incurred wholly and exclusively for the business: materials and stock, tools and equipment, insurance, software, phone and internet (business share), professional fees and vehicle costs. Larger equipment may qualify for capital allowances, and the £1,000 trading allowance is an alternative if it beats your real costs.

Yes. Everything is done online, so we act for clients in Evington, Aylestone, Oadby, Highfields, Braunstone, Belgrave and the wider Leicester area for the same fixed fee from £199 + VAT.

Leicester is about 9 miles north of Loughborough, and being far away is no problem. We work entirely online and by phone, so a self-employed tax return for a Leicester client is handled exactly as it would be anywhere else in the UK.

Returns are due by 31 January after the tax year ends on 5 April, with any tax due and the first payment on account on the same date and the second payment on account on 31 July. If you are new to Self Assessment, register by 5 October. We track every date for you.

Free fixed-fee quote

Know your price before we start.

Get your free quote

Name
✓

Reviewed and kept up to date by our expert team of ICAEW, ACCA and AAT qualified accountants. Last updated . This page is general guidance, not personal advice.

Scroll to Top