Self-Assesment: "Dividends from UK companies"

[ladymuck]

Yep, it's well worth paying your accountant to do your first self assessment, around £100 as a one off fee IIRC.

You can then see how it was completed and if your circumstances stay roughly the same in terms of sources of taxable income you can decide whether to do it yourself depending if you can get your head around it easy enough.

I took this approach and so far the online version has been a piece of piss as I just have the standard salary, divis, bank interest, pension payments to get the appropriate figures for. Takes me about 10 mins tops to enter the relevant info and click submit.

Just got to watch out for any annual tweaks they make to the content which if too daunting would have me going back to my accountant with my tail between my legs.

I have to say, I did this too when I first started trading. Although do check your accountant's work. Mine added in medical insurance I used to get from an ex employer I had left two years before I started trading. When I challenged it, the accountant said "HMRC told me to add it" and swiftly removed it when I corrected him. I then took to doing it myself