Tax Return Accountant Glasgow, Edinburgh & across Scotland
B-Able Business Services Ltd will complete your self assessment tax return, and deliver it in a timely fashion.
We will advise you of the information required to complete your self assessment and:
* Calculate your tax and National Insurance position.
* Liaise with HMRC on your behalf.
* Assist you with any questions or complexities, we are a big fan of simple language which our clients respond well to.
We are experienced, qualified tax specialists.
Get more information and a quick quote tailored to your individual needs by completing our short online form
Who is required to complete a tax return?
If you have income which is not already subject to tax or reported to HMRC in some form then the likelihood is that you would be expected to register for self-assessment and complete a tax return on an annual basis to report this income to HMRC. This could be in the following capacity, but not limited to; Self Employed Individuals/Sole Traders, Partnerships and their Partners, Directors of Limited Companies, and in the following circumstances;
Tax return applications in Glasgow, Edinburgh & Scotland
The registration process can be completed online via the HMRC Website, or we can complete this for you. You will then be supplied with a Unique Tax Reference, this is your identifier for self-employment, and this is what you require to set up your personal tax account. As HMRC intend on making tax digital (MTD2020) by 2020, we encourage all our clients to register for this free service, as it should be able to give you a real-time update of your earnings throughout the year and this is easily accessible via the HMRC Smartphone App as well as online.
Our self-assessment tax return service includes;
*Initial Consultation – Free of Charge
*Advising you on the records we require to complete your Self Assessment
*Collating, sorting, organising your paperwork for processing
*Preparing and Income and Expenditure Summary
*Preparing Financial Statement and Calculating Tax Due
*Completing Self Assessment
*Preparing Payment Slip to advise of any tax liabilities/refunds due
*Summary Meeting to Review and Sign off or Electronic Signature available remotely at clients’ request.
The deadline for self-assessment tax returns falls on the 31st January each year, and an automatic £100 penalty applied for those who are late, this can increase to £1,600 as the maximum penalty for any one tax year. Get in touch if you need advice on your Self Assessment responsibilities and how to minimise your tax liability.
Why use B-Able Business Services Ltd for your tax return?
VAT Returns Glasgow, Edinburgh & Scotland
If you currently complete your own VAT returns, B-Able Business Services Ltd can do it for you at a standalone price.
At an affordable price, we will ensure your returns are completed so that you have no concerns about late submission or receiving a fine.