INDIVIDUAL TAX RETURN

Most business owners, director or self-employed sole traders fall under the personal tax regulations and the complex rules are time consuming to learn, complex to understand and change year on year. The self-assessment regime is full of penalties and HMRC enquiry powers are extensive. So it is impotant to complet tax returns correctly by qualified person and filed on time. WeAccountants removes the burden of researching the rules of personal income tax for you and ensures you avoid HMRC penalties.

WeAccountants provides comprehensive tax return services for individuals, limited companies director, partnerships and sole traders. Clients of our accountancy and bookkeeping services will have tax returns completed at part of these services. We also work with companies & individuals who are not currently clients to help file tax returns when they do not wish to complete the returns themselves.

Our service includes an overall review of your business affairs to see how we can minimize your tax liability. Once your tax return has been completed we will explain the end result to you. If there is tax due we will explain when it is due and how it can be made. In the case of problems with payments we can help you explore what other options may be available.

Personal tax services are available both for business owners and private individuals including:

 All aspects of Self Assessment (SA100 & Supplementary forms); Individuals, director, sole traders and Partners.

 Computation of liabilities and Tax Returns.

 Advise you of all relevant allowances, claims and exemptions so you don´t over pay tax charges.

 Returns are correctly completed and they are filed on time.

 Correspondence with HMRC when necessary.

 Identifying suitable tax planning opportunities.

 Advice on your tax liabilities.

 Lower the tax you pay on your earnings from employment or directorship.

 Reduce your Inheritance Tax burden, so you can leave more of your estate to your beneficiaries.

 Dealing with all correspondence from HMRC, taking the worry away from you.

 Identifying suitable tax planning opportunities; GCT and Inheritance tax planning.

 HMRC enquiries and investigations.

We also advice on IH Tax, avoid paying tax again on wealth you’ve accumulated and been taxed on already! Wealth succession planning enables a smooth transition to the next generation as well as minimising tax liabilities to mitigate inheritance tax on family homes, family businesses and investment portfolios.

Take the pain out of filing your tax return this year and let WeAccountants make the job for you.