Self Assessment System
HM Revenue and Customs (HMRC) use the Self Assessment system to collect Income Tax. Usually, tax is deducted automatically from wages, pensions, and savings. However, people and businesses with other income must report this deduction through a tax return.
Challenges of Self Assessment
Self Assessment can be time-consuming and difficult for busy individuals and self-employed professionals to understand. Moreover, it can be costly if HMRC penalizes you for missed deadlines, incorrect returns, or not retaining appropriate records. Fortunately, you can remove this expense by letting Taj Accountants handle your business-related needs.
Comprehensive Tax Return Services
Whether you need your annual tax returns completed efficiently or require complex specialist advice, we are here to help. Taj Accountants will work with your tax returns, giving you peace of mind and freeing up your valuable time. We offer a comprehensive Individual Self Assessment tax return service.
Expert Calculations and Filing
We calculate your tax returns, minimize your tax bills legally, and complete and file them for you. Additionally, we explain your results before submitting them, ensuring clarity. Furthermore, you will have access to expert knowledge and our tax planning advice whenever needed.