Our Self Assessment tax return service for individuals helps to ensure your tax return is completed in a timely and efficient way, whilst at the same time ensuring the right amount of tax is paid.
Self Assessment is a worry to many people but we will help you with the completion of your returns and calculate your tax liability, or refund! We will liaise on your behalf directly with HM Revenue & Customs and make the process much less painful for you, ensuring all tax allowances and deductions are claimed.
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Tax returns need to be submitted to HMRC by 31st October following the tax year in question, unless filed electronically, when the deadline is extended to 31st January. We file electronically and achieve the deadline for all clients who supply the relevant information within the appropriate time. With us calculating your tax as opposed to HMRC, you can be confident that the figures are correct.
Whether it's self assessment or corporate tax returns, we are the ones to help you out. Contact our team in Peterborough and discuss your taxation situation with them today.
If you need to streamline your business accounts, get in touch with GGM Accountancy today.
Self assessment is a means in which the HM Revenue and Customs collects income tax. Tax is normally subtracted automatically from wages, savings and pensions. However, those with other means of income must report it in a tax return.
You should receive the repayment within 5 days of it being authorised. However, this may take slightly longer for BACs repayments, as the process is being undertaken by the bank in order for the refund to reach your account.
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