Tax Returns
Completing a tax return can be stressful experience, even if there are only a few entries to make. There are various filing deadlines to meet, depending on personal circumstances and as those deadlines approach, the task can seem more and more daunting.
Tax returns are issued people with complex tax affairs, but also to individuals who receive:-
- Income from self-employment or from a partnership business
- Rent or other income from land or property
- Income from overseas
- Other income which is received gross, i.e. without tax deducted.
There are two main types of tax return. If the Revenue thinks that you have simple tax affairs, they will issue a ‘short return’, which must be submitted by the 31st October, as it is only available in paper format. Only certain taxpayers are eligible to submit a short return and the Revenue expect the taxpayer to know whether or not they are eligible.
If your affairs are more complicated, or if you are a director of a limited company, you need to complete and file a full tax return. The form is more complex with a number of different supplementary sections that may need to be completed, depending on your circumstances.
At TaxAssist Accountants we use HM Revenue & Customs approved software to:
- complete your tax return
- calculate your final tax liability
- file the return online
- liaise with you on the amounts to be paid and when they are due
In addition to this we can analyse your self assessment tax return to see if any tax savings can be made and we can also review the form to see if there are any anomalies that need to be addressed before the latest tax calculation is submitted. This process helps to minimise your risk of a Revenue enquiry into your tax affairs.
By giving you a fixed, competitive price and providing that you supply the relevant information within a reasonable time scale, we can take the worry away when it comes to self assessment tax returns, allowing you to concentrate on running your business.
Feel free to read our articles about the October tax return deadline and the January tax return deadline.
How we can help
Annual self assessment tax returns cause many businesses concern and stress each year. We offer competitive pricing on tax returns and are very flexible. Let us take this hassle away from you, we can:
✓ Complete your Tax Return
✓ Calculate your tax liability
✓ File your tax return
✓ Inform you of the final amounts due
Help and Advice
Contact us now so we can discuss your requirements; call us on: 0845 0176961 Or fill in our Contact form and we will call you back.
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