When do I have to complete my tax return to HMRC?
The tax year runs from April 6th to April 5th every year. It is always best to do your tax return as soon after April as possible so that you know what you have to pay. The return must be done by 31st January in the following year.
What happens if I submit my tax return late to HMRC?
There is a fine of £100 for late submission, but beware fines can run to £10 per day after three months. If a tax return is not submitted fines can be over £1200 annually.
Will you submit my tax return to HMRC on my behalf or do I still have to do it?
We offer a complete service. We will prepare your tax return, you can check it online or come in and talk to one of our fully trained industry specialist accountants and when agreed we will submit your tax return for you. All included in one monthly fee.
What information do you need from me in order to get started?
To get started just call one of our specialist accountants on 020 8529 2600, email us at email@example.com or fill in our Eazi forms and we will guide you through the process. The only definite is we must have those CIS details.
Are there any payment plans available?
If you need us to, we will take our fee from your CIS reclaim, subject to terms and conditions.
Are there any additional charges I need to be aware of?
We charge a set fee for your tax return and the entire process of production and submitting. However, (sorry there is always a however) there are charges for extra work, such as accounts for buy-to-let properties or large share transactions and late filing, and investigations (although we do insurance for this). We only do this for extra hours that we have to work to protect your interests.
Who can I speak to if I have a complaint?
Be assured that if you are ever anything less than 100% satisfied with the service you receive from our tax consultant our client services team will do their best to rectify the situation. We are licensed by The CPAA (Certified Public Accounts Association) who also police our ethics and behaviour. Full details are in our terms and conditions.
What Does Bookkeeping help actually mean?
When we say do it your way, we mean it. You have to keep records, neither you or we have a choice in that, but we can do paper forms or online forms, or we can do tailor-made spreadsheets for your computer or notepad that are madly easy to use (because we wrote them) so that all you have to do is put your info in. If you absolutely, definitely cannot do anything but put invoices in a plastic bag (for an added cost) we will do it for you.
If you can’t find an answer to a question you have, just give us a call – we’d be happy to help.