Individuals who are liable for taxation on income, gains or profits, are required to submit an annual personal tax return. If the time limits for the filing of tax returns are not met, fixed penalties arise and debts to HM Revenue and Customs may accrue.
We can take the worry out of this process for you by completing the tax return on your behalf. We prepare all the necessary computations in a timely manner and notifying you when payments are due, so you can avoid penalties and the last-minute rush.
At First Choice Accountancy we provide professional, high-quality support to our personal clients and we will work quickly and efficiently to complete your tax return.
First Choice Accountancy advises you on the different accounting options available and what will suit you. We will inform you if you should be VAT registered and how to carry out the registration procedure. We assist you with help and advice on accruals or cash accounting and your quarterly or annual accounting options.
Your complete VAT return will be filed by us, on your behalf. You can leave these routine tasks to us and devote more of your time to further developing your business.