Taxation

Taxation

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We provide tax returns for individuals, partnerships and Limited Companies. We take  the hassle out of completing your tax return by telling you what information to provide and when - we do the rest.

We endeavour to calculate potential tax savings that may be made, or reliefs claimed and if a refund is due we'll ensure it's paid directly to you.

We use professional Sage taxation software to;

  • Prepare final accounts
  • Calculate your tax liability/refund
  • Submit your tax return to HMRC

We will provide you with a copy of your accounts, your tax computations and your tax return and discuss these with you.


Deadlines

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 5th October Register for Self Assessment if you're self employed or a sole trader or registering a partnership/partner.

31st October If you send a paper tax return it must reach HMRC by 31st October following the end of the tax year.

31st January Deadline for personal tax returns submitted online. 

31st January/31st July Pay any tax that you owe and make any Payments on Account.

Limited Companies Tax returns are due to be filed 12 months after the year end date, however any tax due must be paid 9 months after year end, so many choose to file early.  The first period of account and subsequent tax return may be subject to longer reporting deadlines.There can be serious penalties for those who miss the filing deadline, which can accrue the longer it is left.