Self Assessment
Many taxpayers struggle to understand the complex tax returns and to complete self assessment forms correctly. In the first year of the regime alone, 775,000 taxpayers received £100 penalties for failing to submit their returns on time, and some 400,000 incurred further penalties because their returns were still outstanding six months later!
The constant stream of changes to tax legislation means that not only are the returns becoming even more difficult to understand, but also that taxpayers risk incurring more penalties by failing to complete their self assessment returns on time or correctly.
At Myers Clark, Chartered Accountants in Watford, we can save you a lot of time, worry and money by handling your self assessment for you. We do all the necessary computations, complete your return and can offer advice on how you can minimise your tax liability. Myers Clark can act as your agent, dealing directly with the Inland Revenue on your behalf, and should you be selected for a self assessment enquiry, act for you at any meetings.
To discuss your self assessment requirements please call Myers Clark, Chartered Accountants in Watford, on 01923 224411 or click here to email us. Key members of the personal tax planning team are Robert Marsden and Peter Horn.