What We Do:
- Collect all income sources: employment income, dividends, rental income, savings/interest, capital gains, etc.
- Identify all allowable deductions: pension contributions, charitable donations, business expenses if self‑employed, etc.
- Evaluate any reliefs or allowances (e.g. Marriage Allowance, Personal Allowance, ISA tax reliefs).
- Prepare and file the personal Self‑Assessment return with HMRC; calculate tax owed or refund due.
- Set up payment arrangements if needed; advise on payments on account.
- Keep you informed of deadlines (filing, payments) to avoid late‑filing penalties.
Deliverables You Receive:
- Completed Self‑Assessment return filed.
- A summary of tax liability or refund due.
- Detailed report of income streams and deductions.
- Calendar of upcoming key dates.
- Documentation to support claims, in case HMRC audits you.
Why It Matters:
- Ensures you pay the correct amount of tax — no more, no less.
- Helps you maximise reliefs and allowances available under tax law.
- Avoids unnecessary penalties for late filing or underpayment.
- Clarity and peace of mind for your personal finances.