Schedule a Call
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 11,500,000 were filed for the 2015-16 tax year.
For the 2016-17 that ran from 6th April 2016 to 5th April 2017 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, register online with HMRC at: https://online.hmrc.gov.uk/shortforms/form/SA1
For a new sole trader, register with HMRC at: https://online.hmrc.gov.uk/registration/newbusiness
For a new partner, register with HMRC at:
If you are the ‘nominated partner’, you need to register both yourself and the business partnership at:
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 2017, enrol for the HMRC online service that grants a longer deadline of 31st January 2018 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.
If you would like to arrange an initial free consultation to discuss your tax affairs or would like any further information, please email us at firstname.lastname@example.org
One of the main benefits of operating through a UK Limited Company is that you are able to reclaim a…
Bounce Back Loan abuse is in the news…the Insolvency Service is to be given new powers to crackdown on Bounce…
The government announced yesterday that they will delay Making Tax Digital for the Self-Employed and Landlords until April 2024. This…