Seasons Greetings Tax Season Is Here

Just a gentle reminder whilst you are busy last minute present shopping or struggling through supermarket queues that is it is not only the festive season, it is also time to prepare for tax season.

Self-assessment tax returns for tax year 2016/2017 are due to be filed by the 31/01/2018.  Just 6 weeks away.

So in between Christmas and New Year, it’s time to dig out:

• Your P60 earnings and tax statement
• P11D (benefits in kind) statement
• Self employment income and expenses
• Bank interest statements
• Dividend slips
• Pension contributions history
• Pension income statements (annuity and drawdown)
• Other taxable income items such as gilt coupons (interest), rental income and expenses (both mortgage interest and other property expenses), taxable state benefits, taxable redundancy pay, foreign income etc

Don’t leave it too late

HMRC’s online self-assessment platform gets extremely busy towards the end of January, take the stress away and file your self-assessment return earlier rather than later.

Need some help with your tax returns?

Our fees are below (including VAT) for dealing with your tax return, but if you have not used us before for this service, you need to act soon as it takes around 2 weeks for HMRC to appoint us as your ‘agent’.  We have specialist software and agent lines into HMRC to make the process quicker and simpler for you.

Standard Tax Returns: if you are UK resident and have UK earned income and/or UK investment income (earned and unearned) only

• Non Face to Face Fee (paid up front) £225
• Non Face to Face Fee (paid on completion) £255
• Face To Face Fee (paid up front) £270
• Face To Face Fee (paid on completion) £300

Advanced Tax Returns: if you are UK resident or Expat and have UK earned and/or UK investment income (earned and unearned), but also have property income and/or foreign income and/or capital gains tax liabilities

• Non Face to Face Fee (paid up front) £225
• Non Face to Face Fee (paid on completion) £255
• Face To Face Fee (paid up front) £270
• Face To Face Fee (paid on completion) £300