Self assessment

Services

Corporate tax planning

Corporation tax represents a substantial part of your trading costs.

Estate planning

Few of us like to think about dying, but equally few of us could live with the thought that we have not made…

Personal tax planning

With the tax regime becoming more complex and more emphasis being put on taxpayers’ individual responsibilities,…

Retirement strategies

Everyone hopes to maintain the same standard of living in retirement as they presently enjoy while working, but to…

Self assessment

Many taxpayers struggle to understand the complex tax returns and complete them correctly.

Trusts and executorships

Trusts are relatively easy and very tax efficient way to set aside for future beneficiaries outside of the…

VAT

Value added tax is one of the most complex and onerous tax regimes imposed on business – so complex that many…

Tax Investigations

We understand that smaller accountancy practices often do not have the time or resources to deal with H M Revenue…

Why do you need a specialist accountant?

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. In the first year of the regime alone, 775,000 taxpayers received £100 penalties for failing to submit their returns on time, and some 400,000 incurred further penalties because their returns were still outstanding six months later!

The constant stream of changes to tax legislation means not only that the returns are becoming even more difficult to understand but also that taxpayers risk incurring more 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 for you. We will do all the necessary computations, complete your return, and even offer advice on how you can minimise your tax liability.

We can act as your agent, dealing directly with the Inland Revenue on your behalf and, should you be selected for a self assessment enquiry, act for you at any meetings.

Contact us now – click the chat icon!