ACCA Chartered Tax Advisors

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Tax Returns ShropshirePlan ahead & let us prepare your tax return

On Friday 22 September it is officially the start of Autumn and Summer will be over. You may have started to think about Christmas, which before we know it, will soon be upon us.

Then there is the dreaded self-assessment tax return to think about, which should be submitted by 31 January.

If you would like to enjoy preparing for Christmas and relax during the festive season, why not contact Talbot Williams to prepare your self-assessment tax return on your behalf.

Please bear in mind that December and January are particularly busy times for accountants and fees charged may be slightly higher during these periods. So act now and plan ahead, in order to avoid unnecessary additional costs.

Unsure whether you require an accountant?

You may think that you can prepare your self-assessment tax return yourself, but there are many areas of taxation which you may not be familiar with. Some of these areas may be as follows:-

  • Business expenses, such as travel, entertainment, accommodation, food and drink, use of home;
  • Repairs and maintenance;
  • Construction industry scheme;
  • Cash basis;
  • Capital allowances;
  • Marriage allowance;
  • Dividends and investment income; and
  • National insurance.

We have an in depth knowledge of taxation, so can advise on what you are able to claim and assist in saving you as much tax as possible.

In addition if you submit an incorrect return, H M Revenue and Customs may impose severe penalties. This may be as high as 100% of the tax due, if you have deliberately underestimated your tax liability and you have tried to conceal the fact.

Please do not hesitate to contact Talbot Williams for a free, no obligation, consultation and we shall be happy to discuss your requirements.