Self assessment

Many taxpayers struggle to understand their self assessment 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 penalties because their returns were still outstanding six months later. 

The recently revised penalty regime now imposes far heavier financial penalties for late submissions and late payments and so it has become more important than even to ensure that compliance requirements are met.

The constant stream of changes to tax legislation means not only that the returns are becoming even more difficult to understand but also that taxpayers risk incurring more penalties through failing to complete their returns correctly.

We can save you a lot of time, worry, and money by handling your self assessment for you. We will do all the necessary computations, complete your return, and even offer advice on how you can minimise your tax liability.

We can act as your agent, dealing directly with HMRC on your behalf and, should you be selected for a self assessment enquiry, act for you at any meetings. Please contact us to discuss your self assesment needs.