In the UK, some people are required to complete a tax return every year. This is a form in which you declare your income for that tax year as well as any relevant capital gains.
Tax returns are sent directly to HM Revenue & Customs (HMRC) online. They determine how much tax you need to pay or if you are, in fact owed a rebate.
If you are self-employed, there is the option to complete the tax return yourself via self-assessment using the HMRC website. However, this can be time-consuming, confusing and requires you to have all the necessary information to hand. Mistakes can be costly and difficult to rectify so it pays to get it right the first time.
For this reason, most of our clients opt to have their tax returns completed by us. If you would like further information on our Tax Returns service, please complete the contact form below or call us on 01622 756849.