Preparing your Self-Assessment Tax Return can be a daunting process in knowing what you can claim, what allowances are available and there are many other questions to consider. Have you made a capital gain? Have you declared any PPI Refunds? Does your rental income qualify?
Often people are unsure as to whether they should be completing a Self-Assessment Tax Return and failure to register can also cause problems and its always financial penalties!
So getting it wrong can be expensive and you must ensure that you report the correct income and expenditure to HMRC and submit an online Tax Return no later than the 31st January for the previous tax year.
We will provide you with a BFMS checklist for completion so that you include everything required to comply with HMRC. We take the stress away and report accurate information resulting in the correct amount of tax.