The term ‘self-assessment’ is proving to be one of the great misnomers of all time. Many taxpayers struggle to understand the complex tax returns and complete them correctly. The constant stream of changes to tax legislation means not only are the returns becoming even more difficult to understand but also that taxpayers risk incurring penalties through failing to complete their returns on time or correctly.
We can save you a lot of time, worry, and money by handling your self-assessment return for you.
After receiving your information we will review it for completeness and ask you for any outstanding information.
Once all the information has been received we will prepare and complete your tax return taking account of the latest rules and regulations, allowances and rates of tax. During this process we will ensure that all expenses and allowances have been claimed and see if there is any way to reduce your tax liability. We will also undertake various checks for reasonableness and to make sure the figures are correct. In all cases we reconcile the final tax position and explain this to you.
If a tax payment is due we will tell you how much and when to pay. If you are due a refund we will do our best to get this to you as quickly as possible. If any elections are required we will prepare these and ensure that they are submitted before the deadline.
We will send you a full copy of the completed form and ask you to sign it and return it to us. We will submit the return to H M Revenue and Customs electronically.
After the Inland Revenue processes the return we will check to make sure they have made no mistakes. We will provide support during this process and deal with any queries you have.
If you have been sent notice to complete a tax return and are looking for a quality, comprehensive, affordable service, simply complete the enquiry form or call us now on 0121 778 6278.