The introduction of self assessment has placed the burden of earnings and liabilities disclosure squarely on the taxpayer.
Preparing and filing a personal tax return is theoretically possible, but is only advisable for very simple financial affairs.
The annual tax law changes are rendering returns ever more complex, increasing the risk of late and incorrect taxpayer returns – and their attendant penalties.
HMRC has recently rewritten its penalty regime which contains a harsher approach to inaccurate tax declarations which now attract increased penalties.
We can save you significant time, worry and potentially costs by processing your self assessment returns. We will make all the necessary computations, complete your return, and offer advice on how you can minimise your tax liability. Our approach is very proactively engaged.
We can act as your agent so can deal directly with HMRC on your behalf.
For further information, please do not hesitate to contact Craig Nicholson.