PROFESSIONAL PERSONAL TAX RETURN SERVICE
At Accountsforme we aim to help and ease the stress of completing your annual tax return, on time, every time. Some people are unsure if they have to complete a self-assessment return. Below is a brief outline to help you decide if you need to complete a tax return. If you are still unsure, please contact us.
WHO NEEDS TO COMPLETE A TAX RETURN?
THE FOLLOWING INDIVIDUALS SHOULD PREPARE THEIR OWN SELF-ASSESSMENT TAX RETURN:
Sole traders
Partnerships
Directors of limited companies
Income above a certain level of savings, investment or property
You are over 65 and received reduced age related allowance
You have income from overseas
Your annual income is £100k or more...
You need to claim certain expenses or reliefs
You owe tax and hmrc cant collect through tax code adjustment
You have a capital gains tax liability
You have lived or worked abroad or are not domiciled in the UK
You are a trustee
Note: If HM Revenue & Customs (HMRC) asks you to complete a tax return for any other reason (this will normally to be to make sure that you're paying the right tax and getting the right allowances) you must always do so.
At Accountsforme we can review your personal situation and advise whether you need to complete a tax return or not. If you do, we can assist in the full process.
OUR SERVICES INCLUDE
Register you with HMRC
Prepare your tax return
Submit your tax return with HMRC
Advise of self-assessment tax liabilities and when they are due
Providing support in any HMRC investigation
