We are able to provide a fast and efficient Tax Return and Tax Repayment Claims preparation service for a fixed fee agreed before work is commenced.
You will need to complete a Tax Return if you:
- Are sent a notice to file by HMRC
- Wish to claim a refund or make a claim for relief.
The main reasons why you may need to complete a Tax Return are if you
- Have employment income that is not taxed under PAYE or receive benefits in kind
- Receive dividend income and have further tax to pay on that income
- Work for yourself, either as self-employed or in a partnership
- Are a company director
- Receive rental income
- Are a non-resident landlord receiving rental income
- Receive other untaxed, foreign or trust income
- Are liable to the higher income child benefit charge
- Have sold assets such as property or shares and may be liable to capital gains tax
Additionally, you may need to complete a Tax Return if you have
- Annual income from savings or investments of £10,000 or more
- Annual income of £100,000 or more
- Tax due at the end of the tax year that cannot be collected via a PAYE code
- Untaxed income of £2,500 or more
- Annual claims for expenses or professional subscriptions of £2,500 or more
