Covid-19 (Coronavirus) Update
Coronavirus is having a huge impact on all sectors of business. Despite this, businesses are still having to manage their books, file VAT returns, run payrolls and most importantly their credit control processes. TFMC is continuing to provide our full range of services through this difficult time. For the latest information and support visit our Blog section or use our app with regular updates sent direct to your phone.
Eliminate the stress associated with self assessment by choosing The Financial Management Centre to complete this task for you instead. Hundreds of thousands of self-employed people struggle with demands put upon them by this stressful compliance exercise every January. The burden to complete your self-assessment tax return is time consuming and may mean you divert precious time away from customer-facing operations. Last year alone HMRC fined over 1 million self-employed individuals for a failure to complete their tax return on time. Fines currently are charged at £100 plus interest on all tax due. HMRC official statistics reveal one-out-of-every-four self-assessment tax returns it receives are completed incorrectly.
Official HMRC guidelines on completing the self-assessment tax return run over 35 pages and terminology used is daunting for most. You may have put off reading this guidance and the January deadline is looming. If you don’t seek our help you could risk a penalty.
WHAT’S INCLUDED IN OUR SELF-ASSESSMENT RETURN SERVICE?
The self-assessment tax return service The Financial Management Centre provides self-employed individuals includes:
- Tax calculation
- Employment incomes and associated benefits calculations (including pension)
- Tax return completion
- Filing your return through HMRC’s online portal
- Negotiate/deal with HMRC on your behalf, including Section 9A enquiries
- Helpline for any questions you may have regarding tax
WHO THIS SERVICE IS FOR
Our service is ideal for people who ‘work for themselves’. This includes:
- Sole traders
- Otherwise employed people who do not pay tax at source (i.e. PAYE)
Our self-assessment tax return service is a cost-effective solution meaning your return is completed accurately and within deadlines set by HMRC. Our service is personal and you are assigned a single point of content throughout. We keep abreast of legislation updates so you don’t have too. We know exactly which expenses can and cannot be deducted from your tax bill and we know exactly how to structure your tax affairs in order to minimise the liability.
CONTACT THE FINANCIAL MANAGEMENT CENTRE TODAY ON 0800 470 4820
If you find self-assessment too taxing call The Financial Management Centre today on 0800 470 4820 for a no-obligation quote. A consultant books you in for a assessment. Click here to find the location of your local The Financial Management Centre. Alternatively complete the enquiry form and a member of our team will respond shortly.
How can we help?
Unlimited Accountancy Support
Get access to support whenever you need it with our unlimited accountancy support service.
Dedicated Team Of Client Managers
All our clients have access to experienced client managers that are dedicated to making sure your businesses accounts are managed as efficiently as possible.