There are strict deadlines for registering for Self Assessment, different filing deadlines depending upon whether you file a paper tax return or online, and two key dates for paying tax. In addition to the main tax return you need to complete supplementary pages for many other types of income including:
Not only do you need to complete the return correctly, you have to self-assess. That means calculating your tax liability.
That can be difficult. Get it wrong and you will have to pay a penalty and interest. You’ll get a penalty of £100 if your tax return is up to 3 months late; you’ll have to pay more if it’s later, or if you pay your tax bill late.
Rather than spending hours figuring out which pages to complete, what to put in the boxes, how to calculate any tax due and meeting the filing deadlines, our Personal Tax Return service takes that hassle away. Don’t waste time or worry about getting things wrong, we’ll do it all for you.
Scullard & Co took the time to fully understand my and my business’s circumstances and plans and helped me make strategic tax planning decisions that have saved me £’000s.
Dr Enda Gribbon, Owner/Director Atelix Ltd
We want to help ensure you pay not a penny more tax than you have to. We can help you plan your tax affairs so that you don’t give the taxman any more than is necessary. We don’t believe in complex offshore tax stunts, but there are many, many perfectly legitimate ways to plan your tax affairs and reduce your tax bills.
Each year we will carry out detailed and comprehensive tax planning reviews BEFORE the tax year end to ensure that you pay not a penny more than your fair share. These will include:
Effective and proactive tax planning can save you thousands of pounds. To find out if we can help you reduce your tax bills please call or email us to arrange a free, no obligation review of your tax affairs.
Every limited company must submit an annual Corporation Tax return. This must be accompanied by the final accounts in a particular format. The Corporation Tax return is difficult to complete and there are penalties for getting it wrong or submitting it late.
However with our Corporation Tax return service you have nothing to worry about. We will prepare the return when we prepare the year end accounts.
As well as preparing the calculations and return we will:
After an initial meeting with Chris, New Approach appointed Scullard & Co as our personal accountant. Chris has always responded to our queries and requests quickly and efficiently (as do all the team at Scullard & Co). We would recommend Scullard & Co Chartered Accountants to anyone who is looking for a professional trusted accountancy firm and demand a first class service regarding financial affairs, whether it be for business or personal.
Simon Carroll, Owner/Director New Approach Recruitment Ltd
I have been using Scullard & Co for approximately 18 months now and have been extremely impressed with the service that I have received. I have used a couple of accountants in the past and never really had the service level/communication that I required. Scullard & Co took the time to understand my business and has been able to look at ways that I can reduce my costs and offer advice to help the business grow at faster pace. They are pleasure to deal with and always on the end of the ‘phone when needed. I wouldn’t hesitate in referring Scullard & Co to any of my associates.
Neil Cooper, Owner/Director Barrington Cooper Ltd
Payroll is a task that it is important to get right. It’s important to pay your staff the right amount and on time. It is also equally important to make sure that the tax deducted is correct and that submissions and payments to HMRC are accurate and on time.
We can provide a full Payroll service whether there is a sole director or hundreds of employees. We will ensure that your payroll is operated in line with regulations and that your staff salaries and tax deductions are calculated correctly.
We also offer a full Auto Enrolment solution, from initial set up to ongoing monthly compliance. More details can be found at our sister site www.autoenrolmentpension.com
Preparing accurate VAT returns is extremely important. HMRC tend to scrutinise VAT more than any other tax and the penalties for getting it wrong can be substantial. VAT can also be complicated.
However we can prepare your VAT returns for you accurately and on time. We can take away the worry about preparing your VAT returns and give you peace of mind they are correct.
As well as preparing VAT returns we can help with:
Want to know more about what as an accountant we can do for you?