personal tax returns - uk
HMRC are fond of saying that "tax doesn't have to be taxing" but for many people they want assistance with their personal tax return under self-assessment. This could be because you do not have the time or interest to do it yourself or because you want to make sure that you do not pay any more than the right amount of tax. We can combine a cost effective personal tax service with access to highly experienced tax consultants when you need them. We can help with Personal Tax Returns and also Partnership Tax Returns, Trust & Estate Returns and Corporate Tax Returns.
See our advice on what we do in Preparing your tax return. You can help keep fees lower by Submitting information for your return following our suggestions.
We can assist with all personal tax returns and, because we have a solicitor and financial planning experts in house, we can also look at other matters at the same time saving you time and money.
All our services are delivered with the same friendly informal professional approach. We will not be the cheapest service you can find in Cambridge because we only appoint very good people to work on your tax affairs and they need the time to properly check that everything has been done correctly and you are made aware of any opportunities that might save you tax.
current issues
Tax Return Deadline - don't forget that the all tax returns must be filed online by 31 January.
Tax Payment - if you have not paid the tax by 31 January then you will have to pay interest. This includes any payment on account required for the following tax year.
Surcharge on 28 February - if you do not pay your tax liability by 28 February then you will have to pay a 5% surcharge as well as interest.
Apply for time to pay - HMRC are willing to negotiate arrangements to pay late without surcharges, provided that you contact them and make arrangements in advance and not just wait for them to chase you.
business
We provide a comprehensive personal tax return service for the directors and partners of our business clients.
international
We can co-ordinate your worldwide tax position if you have to file returns in other countries whether we prepare those other returns or not.
Our role is to ensure that advisers in different countries are being brought together to give you comprehensive advice.
comprehensive advice
Why not combine your personal tax work with a review of your financial position. You need to gather together a complete summary of your financial transactions in order to do the return, so if you wish you could consider a financial review whilst it is all fresh in your mind.
You could also review your Will and consider some tax planning.