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Self Assessment

Self Assessment is complex and subject to ever changing legislation. It is a fact that thousands of people each year are making mistakes with their Self Assessment which can sometimes cost them dearly.

The term “self assessment” is proving to be one of the great misnomers of all time.

Many taxpayers struggle to understand the complex tax returns and complete them correctly. In the first year of the regime alone, 775,000 taxpayers received £100 penalties for failing to submit their returns on time and some 400,000 incurred further serious penalties because their returns were still outstanding six months later!

As professional accountants we are dealing with individual tax returns every day. Our dedicated and experienced team can save you time and money by handling your Self Assessment for you and submitting your return on-line and on time.

We can also advise on implications for self employed people and those earning income from property rental and high rate tax payers who are required to complete a self assessment tax return.

Unfortunately, with self assessment there is no margin for error. Make your return late, even by one day, and you will incur a minimum of £100 fine. Get the figures wrong and you risk substantial penalties and interest. Our service offers exceptional value for money to avoid such penalties and in many cases our advice could even reduce your tax liability.

We can act as your agent, dealing directly with HM Revenue and Customs on your behalf.


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