Although the majority of Self Assessment Tax Returns are submitted for those in self-employment, there are several other circumstances which might result in you being sent a Tax Return for completion. These include:

• You may be in receipt of income not taxed at source, such as income from Land and Property or casual earnings

• You may be a Director of a limited company

• The level of your total income may result in you becoming a Higher Rate Taxpayer

• You might have sold an asset giving rise to a Capital Gain

_{Alternatively, you might have suffered too much tax at source, in which case you will need to submit a Tax Repayment claim form to obtain a refund of tax.}

 

_{Our experienced and helpful staff at ktc will ensure that your annual Tax Return is filed within the statutory time limit and advise as to when tax payments need to be made to avoid penalties, surcharges and interest. We are also able to deal with any questions you have and offer advice to help keep your liabilities to a minimum.}

 

_{Whichever level of service you require, we will seek every opportunity to advise you on effective tax planning to minimize your liability within the ever changing taxation legislation.}

 

Corporation Tax

As a natural progression from the preparation of a Limited Company's accounts, we usually also prepare the company's Corporation Tax Computations and Returns, deal with their submission to HM Revenue & Customs within the statutory time limits and advise as to the correct tax payable and the due dates of payment to keep penalties and interest charges to a minimum.