The UK has one of the largest tax codes in the world, so preparing even the most straightforward tax return can be complicated. There are various deadlines and responsibilities for taxpayers to be aware of.

The most common reasons that a tax return may be required are as follows:

  1. You are self employed or a partner in a partnership
  2. You are a company director
  3. You have large amounts of savings or investment income
  4. You have untaxed savings or investment income
  5. You own land or property that is being let
  6. Your household receives Child Benefit and you have income in excess of £50,000
  7. You have income from overseas
  8. You have sold or given an asset away (such as a holiday home or some shares)
  9. You’ve lived or worked abroad or aren’t domiciled in the UK

As part of the above service, we can analyse your self assessment tax return to see if any tax savings can be made and we can also review the form to see if there are any anomalies that need to be addressed before the return is submitted.

This process helps to minimise your risk of a HM Revenue & Customs enquiry into your tax affairs. If you are experiencing cashflow problems, we can explore the possibilities of deferring your tax payments or negotiating a payment plan with HM Revenue & Customs on your behalf.

By giving you a fixed, competitive price, we can take the worry away when it comes to self assessment tax returns; allowing you to concentrate on running your business.

The above are just some of the services our Bookkeeping Managers can help you with, for a more detailed discussion please contact us today on 0203 633 2018 or complete our online contact form. We are here to help you start and grow your business and take the burden off you so you can get on with running your company.