Taylor Accounting & Financial Management
Self Assessment Tax Return Service
Eliminate the stress associated with self assessment by choosing TA&FM to complete this task for you instead. Hundreds of thousands of self-employed people struggle with demands put upon them by this stressful compliance exercise every January. The burden to complete your self-assessment tax return is time consuming and may mean you divert precious time away from customer-facing operations. Last year alone HMRC fined over 1 million self-employed individuals for a failure to complete their tax return on time. Fines currently are charged at £100 plus interest on all tax due. HMRC official statistics reveal one-out-of-every-four self-assessment tax returns it receives are completed incorrectly.
Official HMRC guidelines on completing the self-assessment tax return run over 35 pages and terminology used is daunting for most. You may have put off reading this guidance and the January deadline is looming. If you don’t seek our help you could risk a penalty.
What’s included in our self-assessment return service?
The self-assessment tax return service TA&FM provides self-employed individuals includes:
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Tax calculation
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Employment incomes and associated benefits calculations (including pension)
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Tax return completion
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Filing your return through HMRC’s online portal
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Negotiate/deal with HMRC on your behalf, including Section 9A enquiries
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Helpline for any questions you may have regarding tax
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Who this service is for
Our service is ideal for people who ‘work for themselves’. This includes:
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Sole traders
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Contractors
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Freelancers
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Locums
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Otherwise employed people who do not pay tax at source (i.e. PAYE)
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Our self-assessment tax return service is a cost-effective solution meaning your return is completed accurately and within deadlines set by HMRC. Our service is personal and you are assigned a single point of content throughout. We keep abreast of legislation updates so you don’t have too. We know exactly which expenses can and cannot be deducted from your tax bill and we know exactly how to structure your tax affairs in order to minimise the liability.