With the tax regime becoming more complex and with more emphasis being put on taxpayers individual responsibilities, everybody who is subject to tax needs professional advice to optimise their tax position. Many taxpayers struggle to understand the complex tax return and complete them incorrectly, those that do, are often unaware of tax legislation and will not claim all they are entitled to and pay too much tax.
For the 2017/18 tax return, over 700000 taxpayers failed to meet the filing deadline. Penalties are incurred if you need to submit a tax return and you miss the deadline or pay tax late. Penaltiues start at £100 if your tax return is up to 3 months late, but this can rise to as much as £1600 plus penalties and interest depending on how late the return is submitted
As tax specialists dealing as your agent we can save you time, worry and money handling all self assessment issues for you. We will complete all necessary computations, completing your return using the latest software and where possible submit the return electronically ensuring safe receipt by the quickest possible method.