Personal Tax Return Accountants
Need help with your Tax Return or want to pay less tax?
Need help with your tax return or looking to pay less tax? Perhaps you want to explore ways to save money by minimising your tax liability?
Completing and filing your personal tax return can be time-consuming, confusing and stressful. Our dedicated team of accountants offers a range of personal tax return services, from completing the forms to calculating your liability. When you appoint Hartley Fowler to file your individual tax return with HMRC, we’ll leave you free to focus on more important things.
Our Personal Tax Return Services – Income Tax Return Support
Our specialist personal tax return accountants offer services in Brighton and Wimbledon, to private individuals, shareholders, company directors and business owners.
Our personal tax services are available to both business owners and individuals alike. We can assist with:
Personal tax services are available both for business owners and private individuals including...
- All aspects of Self Assessment
- Dealing with Tax Returns
- Tax enquiries
- Computation of liabilities
- Tax disputes
- Correspondence with HMRC
- Inheritance tax planning
- Tax Investigation Fees Protection
- Trusts
Next Step: Call the experts in personal tax return services
If you have any questions about our personal tax return services or need further advice, please call us today. Alternatively, book a free consultation with one of our personal tax return accountants.
Frequently Asked Questions
A personal tax return is a form that individuals use to report their income, capital gains, and any other relevant financial information to HMRC. This process is known as Self Assessment. The tax return allows HMRC to calculate the individual’s tax liability for the tax year.
There are many reasons why you might need to submit a self-assessment tax return, including being self-employed or having undeclared income from renting a property.
Your tax return must be filed by 31st October following the tax year end if you file on paper, or by 31st January following the tax year end if you file online.
Though everybody’s circumstances will be different, in general, to produce your self-assessment tax return, your accountant will need the following information:
Employment details
Pension income
Bank interest & dividends
Benefits
Rental income
Pension contributions
Capital gains
If you are self-employed, you will need to provide further details, such as a copy of your bank statements and invoices.
In the UK, individuals can claim tax deductions for expenses incurred during the course of their employment, or for the purpose of generating taxable income. This includes the fees paid to an accountant for preparing and submitting tax returns.
Tax returns can be incredibly time consuming. It’s also easy to make mistakes that result in you underpaying and incurring fines and charges later down the road. That’s why most individuals will choose to use a professional accountant to complete their tax returns.
In the UK, an individual can earn up to £12,570 before paying tax.
HM Revenue and Customs sends a notice to file to everyone in the Self-Assessment system in April/May every year.
If you have recent income that has not been taxed at source, or not taxed at the correct rate, you are required to inform HMRC within six months of the end of the tax year in which the income was received. HMRC will then send you a notice to file a tax return, either by post or electronically.
Your account can ensure you not only never miss a deadline, but also remain complaint and error free, stay tax efficient, and save time and stress. To find out more about our unparalleled personal tax return services, please get in touch with our team.