You are probably looking at this page because you need a tax return done!
We file tax returns for people for many different reasons. Why not have a chat with us to see if we can help.
The Self Assessment deadline always seems to be just around the corner doesn’t it! The tax year starts on the 6th April every year but are you sure you are including the correct income in that return?
Are you even sure if you need to file a tax return?
Reasons to File a Self Assessment Tax Return
Let’s be honest, you are probably looking at this page because you need a tax return done! Or is there a niggling doubt that you even need to do one at all? Common reasons you would need to file a Self Assessment return are because :
- You have a Buy to Let Property
- You are a high income individual earning over £100k
- You have claimed Child Benefit and earn over £50k
- You are a director of a limited company
- You are Self Employed
- You need to file a Capital Gains Tax return
- You need to reclaim CIS deductions
- You have other untaxed income such as dividends which need to be declared
Capital Gains
Did you know there are new rules relating to the reporting and payment of capital gains on UK residential properties? Penalties will be incurred if you do not submit your property disposal return within 60 days of completion. This applies even if you have gifted a property and no money has been exchanged.
Non residents must also report and pay the Capital Gains via the UK Property Service website within 60 days of completion. You must still report the disposal even if there is no tax to pay if you are a non resident.
We can help you with this complicated area and ensure you are claiming all you are entitled to when filing the return.
CIS Reclaims
We can help you claim back your CIS deductions correctly. Take a look at our book keeping and accounts page to find out more
EIS/SEISS
We can help you claim SEIS or EIS tax relief. This is valuable tax relief of which you are no doubt aware! Therefore it is important to get it right and understand the implications going forward.
Advice
As always, our Brookes Guarantee ensures you have all the time you need to go through your affairs without worrying how much it will cost. We are here to make sure you get it right and spending that extra bit of time understanding you as a client is worth the time spent.
Our inclusive packages include our contact, whether its face to face, over the phone or online. Whatever you feel comfortable with!
Some Kind Words
Our company have been using Brookes accountancy for 10 years and have always found them to be very helpful. Tammy and her team are very knowledgeable in all aspects of accountancy and since introducing the Xero to ours we have found our accounts much easier to use. I highly recommend Brookes accountancy if you are looking for a new accountant or wishing to change
Tina Kidd
25 February 2022I trust Brookes Accountancy Services implicitly. Their friendly, professional service has been invaluable and I thoroughly recommend them.
Anastasia Hobbs
11 February 2022Had a painful tax bill hit me unexpectedly. Didn't know where to start and found these guys. They genuinely couldn't be more helpful! I know nothing about tax processes. They took away all of the pain by sorting it for me and explained everything along the way. Very generous with their time as well. Nothing rushed and happy to answer all of my stupid questions. Best Google search I've ever done!
Nobby
11 February 2022I have been with Brookes for many years and have always been very pleased with the service I've received. They have always been friendly and helpful and a pleasure to visit making the task of sorting out my accounts a stress free endeavour, I can highly recommend them.
phil stringer
11 January 2022Excellent service. Always very helpful and prompt. Great advice in all tax matters.
John Pereira
11 January 2022Very quick and efficient.
Ankie Postma
11 January 2022We have been with Brookes for nearly 30 years now first with Paul and now with Tammy. I have always found Tammy and her team most professional, helpful and always quick to respond to any issue no matter how small or complex. thank you again
Steve Smith
11 January 2022Moved my business to Brookes last year and couldn't be more pleased. Tammy and her team are knowledgeable, professional and efficient. Highly recommended!
Russell Ford
11 December 2021Tammy and her team are fabulous - always available at the end of the phone. Can't recommend them enough!
Hannah Capon
11 December 2021
