Tax Return – DSF accountant

Tax Return (Self-Assessment)

Stage 1: Understanding Tax Return (Self-Assessment)

Penalties for Late Submission

Failing to submit your tax return on time can result in an initial penalty of £100, which can increase significantly if the return remains unfiled.

Who must file tax returns?

Late tax returns incur an initial £100 fine. Penalties increase if the return remains unfiled. Timely submission is crucial to avoid escalating financial consequences for taxpayers.

Additional Circumstances

Tax returns needed for: rental income, tips, investments, foreign income, asset sales, high earners with child benefit, overseas residents, commission earners.

Stage 2: How We Can Help

Simplify Your Tax Return Process By using our accounting service, you can save time, worry, and money. We will manage your self-assessment and submit your personal tax return on your behalf. Our services include:

Comprehensive Support

We will complete all necessary computations and fill out your tax return.

Tax Minimization

We will offer advice on minimizing your tax liability and making payments on account.

HMRC Representation

By appointing us as your agent, we can deal directly with HMRC on your behalf, ensuring that your tax affairs are handled efficiently and effectively.

Get in Touch If you have any concerns about your personal tax return or filing a self-assessment, contact us or arrange a meeting to find out how we can help you.