What is a Self-Assessment Tax Return?

image189

In simple terms, it is a way of HMRC being informed of your income for the tax year. By completing a tax return HMRC are able to calculate if you owe tax or if you entitled to a tax refund.

It is estimated that over 10 million individuals in the UK are required to submit a self assessment tax return.

There are countless reasons as to why you may be required by HMRC to complete a tax return. The most common being self employment, numerous incomes, property income from buy to let rentals or holiday homes, pensions, savings, dividends and CIS.

Check List
image190

Cardiff Tax Returns are a division of Cardiff Bookkeeping and Accountancy Services Ltd. We can submit your tax return to HMRC on your behalf!

If you are unsure of how to complete your tax return, we can take that headache away.  We are up to date with all tax allowances and legislation and can submit directly to HMRC using approved tax filing software. We will send you a copy of your tax return for approval before submission and provide you with a detailed tax calculation. Further advice including how to pay, setting up direct debit with HMRC  and deadlines for paying any tax owed will be provided,

image191

1st Appointment Free with no obligation!

We like to meet with our prospective clients. Every individual who is required to submit a self assessment tax return is unique.


Please feel free to contact us to arrange a suitable time to discuss further. We even work evenings and weekends for your convenience.

Whatever the reason for your tax return we can assist!

Self Assessment Tax Return deadline 31st January 2020!

image192

It can be a daunting prospect for individuals filing a tax return. At Cardiff Tax Returns, we can ensure that your self assessment tax return is submitted correctly.

All you have to do is provide us with your financial affairs for the tax year and we can take care of the rest!


Feel free to contact us to arrange a FREE no obligation appointment at a time and place convenient to you!

image193

Tax allowances!

Here at Cardiff Tax Returns we are up to date with all relevant tax legislation and allowances. Ensuring you make the most  of any allowances available to your individual circumstances.


We can guide and advise as to what is allowable. Our tax filing software submits directly to HMRC and confirms it has been submitted successfully!

image194

What do we need from you?

Cardiff Bookkeeping and Accountancy Services Ltd are supervised by HMRC for Anti-Money Laundering (AML) Regulations.


We therefore are required to perform AML checks as part of this process. This requires our clients to provide us with identification so that we can verify using our online AML portal. This is a completely normal requirement by all Accountancy Service Providers.


We do not keep hold of manual files everything is digital and secure for your peace of mind!

Cardiff Tax Returns

Consultants

image195

If you are required to submit a self assessment tax return, feel free to contact Cardiff Tax Returns! We can discuss further with a FREE no obligation appointment!

Small Business Owner

image196

Working for yourself is a great achievement! However, unlike being an employee and paying tax through the PAYE system, you are now solely responsible for ensuring you complete a Tax Return!

Director of a Limited Company

image197

As a Company Director you are more than likely required to submit a Self Assessment Tax Return! It is highly likely you have a various income stream. Part payroll, some dividends etc. With constant changes to dividend allowances, we can assist.

Landlords

image198

If you are a landlord you are likely to be required by HMRC to submit a tax return. We can assist and are up to date on changes that are affecting the Buy to Let Landlord! Contact us for a FREE no obligation meeting!

Pensions

image199

Some people receiving pensions are required to submit a self assessment tax return. If you have multiple pensions and they have not been taxed at source we can help!

CIS Tax Returns

image200

If you work in the construction industry it is highly likely that you have been taxed at source. We can assist with your tax return ensuring that if you have paid more tax than needed, you will be refunded by HMRC.