Tax returns are issued annually to taxpayers whom the tax office believe have:
- Income from self-employment
- Rental income
- Other income received where no tax has been deducted
- Complex tax affairs, for example, higher rate taxpayers or company directors.
There are two main types of tax return. If you have simple tax affairs including, employees, pensioners and the self employed with turnover less than £67,000 (and expenses less than £30,000), you’ll receive the shorter tax return.
If your affairs are more complicated you’ll receive a full tax return. This is quite a lengthy document as this form of tax return will also include supplementary sections – for which you may need extra tax advice.
At M Seitler & Co we use HMRC approved software to:
- Complete your tax return
- Calculate your final tax liability
- File the tax 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, if we have information for two or more years, then we can look to see if there are any anomalies that need to be addressed before the latest tax return is submitted. This will often avoid an unnecessary tax investigation.
By giving you a fixed, competitive price , we can take the worry away when it comes to self assessment tax returns, allowing you to concentrate on running your business or enjoying additional leisure time.
The first deadline for your tax return is 30th September if you want the Inland Revenue to calculate your tax. Otherwise you have until 31st January to file the self assessment tax return.
How we can help
Annual self assessment tax returns are a great source of stress and anxiety. You can avoid this yearly hassle by letting us take it away from you with our competitive pricing on tax returns. . Contact us for more details.