- 0191 447 9119
- office@lscaccounting.co.uk
Take the stress out of tax season. Whether you are a sole trader, a landlord, or a high-earning director, our Shiney Row team provides accurate, timely, and jargon-free tax support for clients in Sunderland, Durham, and across Tyne and Wear.
Self Assessment is how HMRC collects Income Tax from people who need to report income that is not fully taxed at source. This can include sole traders, landlords, company directors, investors and people with additional income. HMRC says people and businesses with other income may need to report it through a Self Assessment tax return.
At LSC Accounting, we make the process clear from start to finish. We review your income, expenses and allowances, prepare your return and explain what needs to be paid, when it is due and what happens next.
We accurately calculate your tax liability and prepare your full Self Assessment return, ensuring all income sources and eligible expenses are correctly captured.
Our team reviews your records to identify all legitimate tax-deductible expenses, helping you reduce your tax bill and keep more of what you earn.
We handle the full digital submission of your return to HMRC well before the January 31st deadline, ensuring you avoid costly late-filing penalties.
Beyond just filing, we provide year-round guidance on tax planning and "Payments on Account," helping you manage your cash flow effectively.
Our Self Assessment service is designed to remove the pressure from tax return season. We keep the process organised, explain what information is needed and make sure your return is prepared accurately and submitted on time.
Self Assessment can feel stressful if the records are unclear or the deadline is approaching. We help you gather the right information, review your figures and prepare a return that reflects your income properly.
Whether you are self-employed, a landlord, a director or need help with Construction Industry Scheme deductions, we give you clear guidance and handle the submission for you.
We support sole traders, company directors, landlords, subcontractors and individuals who need accurate Self Assessment support without confusion or last-minute stress.
Local Experts, National Standards: We provide personal, face-to-face support in Shiney Row while adhering to the highest professional standards for UK tax compliance.
Jargon-Free Approach: We explain your tax position in plain English, ensuring you understand exactly how your figures were calculated.
Authorised HMRC Agents: As your authorised agents, we deal directly with HMRC on your behalf, handling all correspondence and queries.
Book a free call and we’ll complete and file your return, including CIS, with clear next steps and fixed fees.
Clear, quick answers to the questions we hear most from North East businesses. If you do not see your question here, get in touch.
For online returns it’s usually 31 January after the tax year ends. We diarise dates and send reminders so you stay on track.
Often yes. If you receive dividends, rental income or other untaxed income, you’ll normally need a return. We’ll confirm your position and handle the filing.
You can claim costs that are wholly and exclusively for the business (e.g., materials, tools, mileage, part of phone/internet). We’ll review your records and make sure the right reliefs are used.
If your tax bill is above a certain level, HMRC may ask for two advance payments (usually 31 January and 31 July). We’ll calculate them and explain how they affect cashflow.
Yes. We reconcile CIS deductions, include them on your return and handle refund claims or offsets where due.
Keep Self Assessment records for at least 5 years after the 31 January deadline for the relevant tax year. We can set up simple digital capture so storing receipts is easy.
From day-to-day bookkeeping to year-end accounts, we keep your finances tidy and compliant so you can run the business. Choose from our six core services below and we’ll tailor a fixed-fee plan that fits how you work.
Company accounts made simple. Statutory accounts and corporation tax filed on time.
Tidy books, clear numbers. Monthly or quarterly management accounts you can act on.
Start your company the right way. Companies House and HMRC setup with clear next steps.
CIS made simple. Subcontractor verification, accurate deductions and monthly returns filed on time.
VAT made simple. MTD setup, the right scheme and accurate returns filed on time.
Find out what Making Tax Digital involves, what HMRC expects and how to keep your business compliant.
