Personal tax compliance
Self Assessment Tax Returns
Self assessment can be a time consuming and often confusing business for busy individuals.
And judging by the hundreds of thousands of taxpayers who are penalized by the Inland Revenue each year it can also be very costly if:
- Deadlines are missed
- Incorrect returns are delivered
- Appropriate records are not retained or presented
As accountants in Sussex and judging by the hundreds of thousands of taxpayers who are penalized by the Inland Revenue each year it can also be very costly if:
- Liaising with your bank, building society, stockbrokers etc to gather the relevant data for your annual returns
- Calculating your tax liability
- 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 the Inland Revenue
Contact us today to discuss how we can spare you the headache of self assessment.
Key points
- Gather relevant data for your tax returns
- Calculation of your tax liability
- Completion and filing of tax return
- Keeping on top of payments
- Advice on appropriate record retention
- Tax saving ideas
Tax planning
Year-round advice to give you opportunites to save what you pay in tax and benefit from having more money in your pocket.
Retirement planning
Effective strategies to move towards a comfortable retirement when the time comes.
Wealth creation
Tax-efficient plans to improve your wealth that are built around your situation, values and future plans.
Tax returns
Getting ahead of the game to submit your self-assessment tax return before midnight on 31 January.