Self Assessment means exactly what it says. It’s your legal responsibility to tell HM Revenue & Customs about your taxable income and expenditure, and to file your Tax Return by 31st October for paper filing, or 31st January if filed electronically. There are penalties for late tax returns and there can be interest and surcharges on unpaid tax.
Burrow and Crowe offer a personal taxation service (from £120 per Return). This includes calculating the tax you owe for this year, and the payments you need to make on account of next year’s tax. It also includes preparing the return, and providing you with a copy and detailed supporting schedules for your records.
We ensure that you take advantage of all the tax allowances available to you, and help you plan to reduce your liability wherever possible. The majority of our Tax Returns are filed online to avoid the annual nightmare of returns being lost in the post!