Your Self Assessment Tax Return is due periodically with a deadline to submit it. Missing the deadline will result in a fine, and costly investigations will fast follow suit. There are two methods of submitting your Personal tax returns .The 'Short return' applicable if you have simple tax affairs, and The Full tax return if your affairs are more complicated, or if you are perhaps a director of a limited company.
The full tax return is more complex with a number of different supplementary sections that may need to be completed, depending on your sources of Income. Whether you're self employed or run a small business, TASlondon offer a low cost accountancy service that includes unlimited access to your own accountant throughout the year,
Our efficient tax return service ensures that:
You pay only the tax you owe.
your tax return is completed accurately and on time
We also help you file your return online
It is important not to leave this legal duty to the last minute as this is the busiest time for accountants and tax advisors. You could also be faced with necessary documentation requirements which could delay your submission, thus resulting in missing the deadline and being fined. It can be a real hassle to complete your tax returns, and if you are unfamiliar with all the available allowances, you will end up paying more tax than you need to. Paying unnecessary fines and missing out on allowance is a loss of money which could be in your profits. Avoid this situation and contact Taslondon for support with your self assessment. Get this worry off your mind so you can focus on your Business.