With the Government’s ‘Making Tax Digital’ long term plans introducing greater electronic management of taxes, getting your tax return right is becoming increasingly important. In the long term, HMRC expects all tax calculations to be managed in real time, ultimately putting pay to the need for annual returns. Whilst this remains some way off, each year we see steps taken to bring it closer to reality.
In the meantime, engaging with HMRC through the use of a tax return will ensure everything is declared and the correct amount of tax has been paid on your earnings and investments.
Completing a self assessment form may be second nature to some where others find it daunting, time-consuming and laborious. So, why not let our team of accountants take care of the process? If you need someone to handle the completion of your tax return, contact us today for a personalized fee estimate.