Self Assessment
Self Assessment can be a time consuming and often confusing business for busy individuals. 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.
Judging by the hundreds of thousands of taxpayers who are penalised by H M Revenue and Customs each year it can also be very costly if:
- Deadlines are missed
- Payments are not made on time
- Incorrect returns are delivered
- Appropriate records are not retained or presented
We aim to spare you all these headaches and free up your valuable time by offering a comprehensive Individual Self Assessment service, including:
- Liaising with you or if necessary your bank, building society, stockbrokers etc to gather the relevant data for your annual tax returns
- Calculating your tax liability well ahead of the dates that payments are due
- Completing and filing your tax return on your behalf
- Advising you when various payments are due and how much to pay
- Advising on appropriate record retention
- Introducing you to any relevant tax saving ideas
- Representing you in the event of your being selected for investigation by H M Revenue and Customs
- Offering you the opportunity to join our tax investigation insurance scheme to protect you against the potentially high cost of representing you in the event of an investigation
Contact us today to discuss how we can spare you the headache of Self assessment.