If you are a higher or additional rate tax payer, a director of a limited company, or a sole trader or partner in a partnership or you receive untaxed income or make a taxable capital gain, you will almost certainly be required to complete an income tax return.
In the UK, income tax is dealt with under a system known as Self Assessment. This means that when you approve and submit your return, you are making a declaration that it is true and complete. Self Assessment also means that responsibility for making a complete declaration rests solely with you.
Tax can be complex and, even with the proposed simplification legislation, is likely to remain so.
We have extensive experience of dealing with tax returns and related compliance work for a wide range of individuals and businesses. We have a team of dedicated tax professionals who work in conjunction with our audit, accounting, payroll and other departments to ensure that all tax compliance obligations are dealt with appropriately.
If you require advice or would like to discuss how we might assist you, please contact us.
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