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We are not just accountants, we are business owners. We understand the myriad of pressures on your time.
Our focus is your success through combining the latest technology with traditional values.
In the UK, we are in the fortunate position where most people earning a PAYE salary or wage or receiving a pension do not need to complete a tax return.
However, each year, as working and lifestyle patterns change, the number of tax returns increases. More than 11,000,000 were filed for the 2014-15 tax year.
For the 2015-16 tax year, if any of the following apply to you, a tax return is required:
In some circumstances, you would need to submit a tax return to claim a tax rebate from HMRC. For instance, on:
If you have not completed a tax return before, for all except sole traders and partnerships, you can register online with HMRC here.
For a new sole trader, you can register with HMRC here.
For a new partner, you can register with HMRC here.
Finally, if you are the ‘nominated partner’, you need to register both yourself and the business partnership here.
HMRC target to post your Unique Taxpayer Reference that enables you submit a tax return within two weeks of registration.
With this you can either prepare and file a paper tax return before the deadline of 31st October 2016, enrol for the HMRC online service that grants a longer deadline of 31st January 2017 or appoint a tax advisor to act as your Agent.
To appoint CooperFaure, we would need is your Unique Tax Reference, National Insurance Number and Post Code to act on your behalf. Alternatively, we can administer the complete process for you.
For this or to arrange an initial free consultation to discuss your tax affairs, please email us at firstname.lastname@example.org.
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