Because the United Kingdom has the world’s oldest tax system, even the most basic tax return may be difficult. Taxpayers must be aware of numerous deadlines and duties.

The following are the most prevalent reasons why a tax return may be required:

You work for yourself or as a partner in a partnership. You are a corporate director.

• You have a substantial quantity of savings or investment income.
• You have untaxed savings or investment earnings.
• You own land or property that you rent out.
• Your family gets Child Benefit and you earn more than £50,000 per year.
• You make money from other countries.
• You’ve either sold or given away a valuable asset (such as a holiday home or some shares)
• You’ve lived or worked overseas, or you’re not a UK citizen.

HM Revenue & Customs employees are not entrusted with advising you on how to organize your affairs and minimize your tax. As a result, if you want to ensure that you are paying the correct amount of tax, you should seek the advice of an expert.

We utilize HM Revenue & Customs-approved software at Tax Assist Accountants to:

• Finish your tax return
• Determine your tax obligation.
• Fill out the return online.
• Communicate with you about the amounts that must be paid and when they are due.

As part of the aforementioned service, we may analyze your self-assessment tax return to see if there are any tax savings that can be achieved, as well as check the form to see if there are any anomalies that need to be rectified before the return is filed.

This procedure reduces the chances of an HM Revenue and Customs investigation into your tax issues. If you are having cash flow issues, we may look into delaying your tax payments or arranging a payment plan with HM Revenue and Customs on your behalf.

We can take the anxiety out of self-assessment tax returns by providing you with a set, reasonable charge, enabling you to focus on operating your company.