Self-employed tax return in Cambridge
Cheap self-employed tax return accountants in Cambridge
Fixed fees from £199 + VAT, prepared and filed online by qualified accountants. Cambridge is a global centre for science, technology and biotech, with high wages and high rents, so it has an unusually large number of contractors, startup founders, and landlords whose tax affairs are not simple.
- You get the fee in writing first
- ICAEW, ACCA and AAT-qualified accountants
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Google reviews of the Accotax team
£199
fixed fee from, plus VAT
100%
online, anywhere in the UK
ICAEW
approved employers list
Local to Cambridge
Self-employed tax return help across Cambridge
Cambridge is a global centre for science, technology and biotech, with high wages and high rents, so it has an unusually large number of contractors, startup founders, and landlords whose tax affairs are not simple. The Cambridge Science Park, Cambridge Biomedical Campus and a dense network of spin-outs make the city one of Europe’s leading technology clusters, anchored by the University of Cambridge and companies in software, biotech, semiconductors and AI. The nearest places we also cover are Royston (12 miles south-west), Newmarket (13 miles east), Saffron Walden (13 miles south-east), Ely (15 miles north-east), Huntingdon (16 miles north-west), Haverhill (16 miles south-east) and Sandy (18 miles west). Each has its own self-employed tax return page.
Areas we cover in Cambridge
- Mill Road
- Trumpington
- Chesterton
- Cherry Hinton
- Newnham
- Histon
Who we help in Cambridge
- Gig workers, drivers and delivery couriers
- People with side income or income from abroad
- Self-employed people and sole traders in Cambridge
Local guide
Self-employed tax return in Cambridge: what you need to know
This is how the self-employed tax return works for sole traders, freelancers and gig workers in Cambridge. See also our Cambridge tax return page covering every service.
Who needs a self-employed tax return in Cambridge?
You generally need a Self Assessment return in Cambridge if you are self-employed and your gross trading income is over £1,000 in a tax year. Below that, the trading allowance can normally cover it without a return. Sole traders, landlords and company directors are among the people we most often help here.
The local picture in Cambridge
The Cambridge Science Park, Cambridge Biomedical Campus and a dense network of spin-outs make the city one of Europe’s leading technology clusters, anchored by the University of Cambridge and companies in software, biotech, semiconductors and AI. Cambridge has some of the highest rents and property values in the UK, so landlords commonly have significant profits and sometimes gains when they sell.
Expenses and records for Cambridge sole traders
You can deduct costs that are wholly and exclusively for the business, such as materials, vehicle running costs or simplified mileage (not both), insurance, software, tools and a proportion of home-working costs. Keep receipts and mileage logs for at least five years. We check every claim before filing.
Worked example for Cambridge
Worked numbers for a freelance bioinformatics consultant in Cambridge with no other income. Take a net taxable profit of £29,500: about £3,386 income tax and £1,016 Class 4 NI, £4,402 combined. Take a net taxable profit of £49,000: about £7,286 income tax and £2,186 Class 4 NI, £9,472 combined. Take a net taxable profit of £73,500: about £16,832 income tax and £2,727 Class 4 NI, £19,559 combined. If payments on account apply, they are due 31 January and 31 July. Figures exclude other income and reliefs.
Why use Cheap Tax Returns in Cambridge?
Cheap Tax Returns sits within Accotax, a UK practice of qualified accountants. 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 Cambridge?
Cheap Tax Returns sits within Accotax, a UK practice of qualified accountants. 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, 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 Mill Road, Trumpington, Chesterton, Cherry Hinton, Newnham, Histon and the wider Cambridge area for the same fixed fee from £199 + VAT.
Cambridge is about 12 miles south-west of Royston, but location is not a barrier. We work entirely online and by phone, so a self-employed tax return for a Cambridge 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.
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- Fixed fee confirmed in writing before any work begins
- ICAEW, ACCA and AAT-qualified accountants
- Filed with HMRC and confirmed, so you have proof
- A real person on the phone: 0203 4411 258
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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.