Tax Returns - legacyaccounting.co.uk

Tax Returns

At Legacy Accounting, we make tax filing stress-free, accurate, and compliant. Our expert team handles all the details, ensuring your tax obligations are met promptly and precisely, so you can focus on growing your business with confidence.

Business Strategy

Your Tax Returns

Filing a self-assessment tax return annually is crucial for business owners and the self-employed. It’s your responsibility to ensure accurate and timely tax payments.

At Legacy Accounting, we understand the challenges of tax preparation. Our tax return service ensures accurate and timely submissions, providing reassurance and peace of mind. We meticulously review financial records to optimise deductions and save you money.

As a small business owner, minimising tax liabilities is essential. We collaborate with you to ensure compliance while minimising tax obligations. Tax legislation complexities demand the expertise of seasoned accountants. Our tailored advice maximises tax savings, ensuring no opportunities are missed. Ultimately, lower tax bills enable greater reinvestment in your business’s growth.

Our commitments

We are dedicated to providing reliable, personalised accounting services, ensuring accuracy, confidentiality, and tailored support for every client.

What our tax return service includes:

We can confirm your tax status and advise if you need to complete a tax return
Help you register for your first self-assessment
Advise what records and documentation you need to keep throughout the year.
Ensure different sources of income are declared and make sure nothing is missed that could result in penalties or investigations.
Calculate your tax liability for the year
Identify all deductions that can be made to reduce your tax bill where possible
Provide you with a summary of your tax return, explaining how we have made the calculations for you to review and sign

Business Strategy

Your Tax Returns

Since April 2019, businesses registered for VAT are required to file their tax returns under Making Tax Digital (MTD). This transition poses an extra challenge for small and medium-sized companies. Previously, businesses had flexibility in maintaining their VAT records as long as the tax return was submitted to HMRC. The loss of this freedom has created challenges for many businesses.

The constantly evolving tax legislation complicates compliance for small businesses. However, it’s crucial to ensure accurate completion of complex tax returns to avoid fines and penalties.

The last thing any business owner wants is to waste precious time grappling with tax return submissions and worrying about errors. As expert self-assessment accountants, we possess the knowledge and experience to efficiently handle your tax return. With years of experience across various industries, there’s no tax query we can’t address.

Business Strategy

Your Tax Returns

What our tax return service includes:

Business Strategy

Your Tax Returns

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