Self assessment
The term 'self assessment' is proving to be one of the great misnomers of all time. Many taxpayers struggle to understand the complex tax returns and complete them correctly. In the first year of the regime alone, 775,000 taxpayers received £100 penalties for failing to submit their returns on time, and some 400,000 incurred further penalties because their returns were still outstanding six months later!
The constant stream of changes to tax legislation means not only that the returns are becoming even more difficult to understand but also that taxpayers risk incurring more penalties through failing to complete their returns on time or correctly.
We can save you a lot of time, worry, and money by handling your self assessment for you. We will do all the necessary computations, complete your return, and even offer advice on how you can minimise your tax liability. Prompt and accurate submission of returns to HMRC can also help reduce your risk of facing a tax investigation.
We can act as your agent, dealing directly with the Inland Revenue on your behalf and, should you be selected for a self assessment enquiry, act for you at any meetings. We are even able to offer you insurance to cover the cost of our fees should you face a tax investigation.
Although our core business is located in Newport we have many clients nationally and even overseas. Please contact us to arrange a free no obligation face to face or telephone meeting.
01633 841863
enquiries@ellislloydjones.co.uk
Or you can try some of our free online resources, including:
