Do you need to start completing tax returns?
If you have recently received a letter from HMRC notifying you that you need to submit a tax return, if you think you might be due a tax refund or you have a new source of income, you may be entering the world of self assessment.
Some people relish such a challenge, for others it can be just one more item on a growing to do list, or the appaling prospect of filling out unfamiliar forms and getting to grips with new language and concepts.
Few people fall into the first category so for many we can assist either by completing the self assessment tax returns for you or by walking you through the process so you can complete them yourself.
Even if you’ve done your own tax returns for many years, a new situation or source of income or capital gains can provide additional complexity or exposure to new parts of the tax legislation.
Our initial consultations are free of charge, and at that meeting we would aim to:
- scope out the assistance you want and need;
- agree a plan of action;
- provide you with guidance on potential areas of tax planning.