Tax Return for Accountants
Complete your Self Assessment in 8 minutes. Claim all your allowable expenses and submit directly to HMRC.
- Track client fee income
- Professional subscriptions support
- Software expense tracking
- MTD-ready for 2026
Example Tax Calculation
Based on typical accountants earnings £55,000/year
*Illustrative example based on 2024/25 tax rates. Your actual tax depends on your specific circumstances.
Allowable Expenses for Accountants
Claim these tax-deductible expenses to reduce your tax bill
Professional Subscriptions
ICAEW, ACCA, CIMA, or other professional body fees.
Tip: Keep renewal receipts each year.
Accounting Software
Practice management, accounts preparation, and tax software.
Tip: Annual subscriptions are fully deductible.
Professional Indemnity Insurance
PI insurance required for accountancy practice.
Tip: Insurance premiums are fully deductible.
CPD and Training
Mandatory continuing professional development courses.
Tip: Keep certificates and receipts for all CPD.
More expenses you can claim
How to File Your Tax Return
Follow these simple steps to complete your Self Assessment
Gather Your Documents
Collect income records, receipts, and expense statements
Enter Income & Expenses
Add your earnings and claim allowable expenses with our guided flow
Review Your Calculation
See exactly how much tax you owe with real-time calculations
Submit to HMRC
File your tax return directly to HMRC in minutes
Key Deadlines for 2024/25 Tax Year
Don't miss these important dates
5 April 2025
Tax Year Ends
Calculate your final income and expenses
5 October 2025
Register for Self Assessment
If this is your first year self-employed
31 January 2026
Online Filing Deadline
Submit your tax return and pay any tax owed
6 April 2026
MTD Starts (£50k+)
If your income exceeds £50,000, you must use MTD software
Late Filing Penalties
1 day late: £100 fixed penalty
3 months late: £10/day up to £900
6 months late: 5% of tax owed or £300 (whichever is higher)
12 months late: Additional 5% or £300
Plus interest on any tax paid late. Avoid these costs by filing early with QTax.
Frequently Asked Questions
Answers to common questions about tax returns for accountants
Do self-employed accountants need to register for Self Assessment?
Yes. If you run your own practice or work as a freelance accountant, you must register for Self Assessment.
Can I claim professional body fees?
Yes. ICAEW, ACCA, CIMA, and similar professional subscriptions are allowable expenses.
What about practising certificates?
Practising certificate fees and regulatory levies are deductible business expenses.
Ready to File Your Tax Return?
Join thousands of UK accountants who trust QTax for their Self Assessment