Self assessment
Self assessment can be a time consuming and often confusing business for busy individuals.
And judging by the hundreds of thousands of taxpayers who are penalised by HMRC each year it can also be very costly if:
- Deadlines are missed
- Incorrect returns are delivered
- Appropriate records are not retained or presented
- Tax is not paid by the appropriate deadlines
We aim to spare you all these headaches and free up your valuable time by offering a comprehensive Individual Self Assessment service, including:
- Helping you register for Self Assessment
- Liaising with your bank, building society, stockbrokers and other financial institutions to gather the relevant data for your annual returns
- Considering the claims to offset against your income
- Completing a schedule of all the entries on your return and the return
- Calculating your tax liability
- Filing your tax return online your behalf
- Advising you when various payments are due and how much to pay
- Reducing your payments on account
- Making sure you don't overpay national insurance
- Advising on appropriate record retention
- Introducing you to any relevant tax saving ideas
- Dealing with correspondence with HMRC
- Representing you in the event of your being selected for investigation by HMRC
