Self Assessment Tax Returns. Accurate. On time. Simple.

Let us worry about HMRC for you and ensure you claim all the tax relief you’re entitled to from as little as £20 per month.

A Self Assessment Tax Return is included in all of Accounting Wise’s competitively priced packages.

The process of completing your annual self assessment tax return can seem very daunting, and with the new system of penalties for errors, having an accountant submit your return for you can give you peace of mind.

As well as preparing your return Accounting Wise are here to give advice on maximising your allowances and relief, mitigate inheritance tax liabilities and advise on capital gains issues.

What is Self Assessment?

Self Assessment is a system HM Revenue and Customs uses to collect Income Tax.Self Assessment Tax Return

Tax is usually deducted automatically from wages, pensions and savings. Individuals, Sole Traders or Businesses with other income must report it in a Self Assessment Tax Return.

The deadline to submit your self assessment tax return and pay your tax bill for the year is the 31 January.  Unfortunately, not submitting your self assessment tax return on time, could result in considerable penalties and interest being accrued by HMRC. This is why it’s so important to put arrangements in place early on to ensure everything is completed on time.

Another huge benefit to being organised with your tax affairs is that you will know how much tax is due in advance with a good amount of time to pay your balance to HMRC.

Benefits of using Accounting Wise

Tax can be a very complex subject, so unless your tax affairs are very straight forward it is almost always better to seek advice from a professional than attempt to complete your own self assessment tax return.

Some of the benefits of using Accounting Wise to handle your tax affairs are:

Peace of mind

By using professionals you know that your tax calculations will be correct and accurate.

Investigations

You are less likely to be investigated by HMRC if you use an advisor, as HMRC have ways of knowing if figures submitted on a return are likely to be incorrect. This is a common trigger for a tax investigation.

Save time

In most cases it will take you a lot longer to complete your own self assessment tax return than it would for an advisor. This time could be better spent running your business.

Claiming everything you’re entitled to claim

It is a very rare occasion that we take on a new client and are not able to find areas to reduce the tax owed. This is usually in the form of under declared expenses. Most business owners are not aware of all the different types of expenditure that can be claimed and how best to claim them, which is where we come in.

Reviews from google.com

    review rating 5  I have been using Accounting Wise for the past 3 years and have nothing but positive feedback. Ian is contactable at all hours and responds in a very fast manor. He takes time out to answer any queries and is very approachable and professional. Highly recommend!

    thumb Sinead Brophy
    6/22/2018

    review rating 5  We have been using Accounting Wise since May 2016 and cannot fault attention to detail. Vending Sense Group Limited would recommend his services to anyone looking for a professional Accountant.

    thumb Sam Marra
    4/16/2018

    review rating 5  They always looks after myself & my wife when it comes to tax time of the year. Highly recommend!

    thumb Stuart Mackay
    3/16/2018

    review rating 5  I have been using Accounting Wise for the last few years now they have helped me stay on top of my accounts, I now have a simple process which saves me hours of personal time all thanks to there expertise and friendly effortless service. Highly recommend

    thumb lee thompson
    3/11/2018

Our Accreditations

You can feel safe in the knowledge that we are experts in our field.

Our accountants have a range of qualifications from the Association of Accounting Technicians (AAT), Association of Chartered Certified Accountants (ACCA) and the Institute of Chartered Accountants in England and Wales (ICAEW). We are also an Institute of Certified Practising Accountants (ICPA) accredited firm, and a HMRC registered Agent.