'Self Assessment' was billed as being easy to understand and complete by the Inland Revenue. Many taxpayers, however, struggle to understand the complex tax returns and complete them correctly. In the last tax year 400,000 Taxpayers received £100 penalties for failing to submit their returns on time. In the first year of self-assessment some 400,000 incurred further penalties because their returns were still outstanding six months later!
There is a constant stream of changes to tax legislation and consequently the returns are not only 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 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.
If you have been sent a tax return and are looking for a quality, comprehensive, affordable accountancy service then contact us to discuss matters in more detail.
