Self Assessment - Tax Return Advice in Harrow
The responsibility to file Returns and to pay the right amount of tax at the right time lies with you, the taxpayer. You must not wait for HMRC to ask you - this is a fundamental principle of the self assessment system.
However, many taxpayers find it difficult to understand the complexities of tax returns and often complete them incorrectly. To make matters worse, recent changes to tax law mean that people risk incurring more penalties through failure to complete their returns accurately and on time.
Sterling can help
At Sterling our specialist team of tax advisers can remove the burden of self assessment and save you time by taking care of process for you. We will prepare any necessary accounts, carry out the required computations, complete your return, and provide information about the amounts of tax liabilities or refunds which may be due. When you have approved the Return, we will arrange to file it with HMRC.
If any queries or complications arise relating to your Tax Return, whether it be the completion and filing of the Return or the payment of your tax liabilities, we can liaise directly with HMRC on your behalf.
Should you or your business be selected for a self assessment enquiry by HMRC, our team of Harrow accountants would act on your behalf so that the enquiry can be defended in the best of your interests. We aim to spare you all these headaches and free up your valuable time by offering a comprehensive self assessment service, including:
- Liaising with your bank, building society, stockbrokers etc to gather the relevant data for your annual returns
- Advising on appropriate record retention
- Calculating your tax liability
- Advising you when various payments are due and how much to pay
- Acting for you at any meetings, should you be selected for a self assessment enquiry
- Completing and filing your tax return on your behalf
- Introducing you to any relevant tax saving ideas
If you would like help with your self assessment return and are looking for a team of qualified tax advisers in the Harrow area, please get in touch.