Personal Tax

Personal Tax
PERSONAL TAX

Do you file letters from the taxman in the “look at later” file only to never see them again? Do you fear the taxman knocking at your door? Do the annual filing deadlines seem to come round quicker and quicker each year? Do you understand what impact the Chancellors Budget has on your personal affairs?

With the Tax man taking a significant percentage of your hard earned income it is more important than ever to ensure that a properly qualified and insured accountant is completing your tax return on your behalf.

With tax becoming an increasingly complex area where the rules and regulations are at best changing annually, it is our aim to ensure your tax affairs are as simple and clear to you as possible.

Every sole trader, director, landlord, or individual in receipt of untaxed income is required by law to file a self assessment tax return detailing all income and gains, complete with a calculation of the tax due and all of this by the due dates set by HM Revenue and Custom.

Failing to comply will automatically result in substantial penalties, surcharges and interest [which are becoming higher by the year] not to mention alerting HM Revenue and Customs about your affairs.

By fully understanding our client’s situations and needs and using our proactive approach we are constantly reviewing our client’s tax situations to ensure that we are minimizing any liabilities that may arise ensuring you never pay more than you have too.

We pride ourselves in the following

  • Completion of and filing online of your self assessment tax return to HMRC
  • Full calculation of any tax liabilities and ensuring you understand what is due and when
  • Ensuring you pay the least amount of tax due by making all available claims and reliefs on your behalf
  • Identify any tax opportunities or changes in legislation that may benefit or effect you
  • Reviewing and agreeing any HMRC correspondance, coding notices and statements of account.
  • Dealing with HMRC on your behalf for all matters from random checks to full tax investigations.