Tax returns/Self Assessments
A tax return is routinely issued to taxpayers whom HMRC (formerly the Inland Revenue) believes have:
· Income from self-employment Fixed fee of £75.00 + VAT
· Rental income from Property
· Other income which is received where tax has not already been deducted
· Complex tax affairs, for example, higher rate taxpayers or company directors.
* We also complete expatriate tax returns from £125 + VAT
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 £64,000 (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 tax return has more pages plus supplementary sections and you may need to complete extra pages, depending on what sort of income you receive. AT Simple Accounting we will: -
· Complete your tax return
· Calculate your final tax liability
· File the return on-line
· 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.
By giving you a fixed, competitive price and, provided that you can supply the 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 or enjoying additional leisure time.