Personal Tax Services

Self Assessment or Tax Return - what's the difference? It's actually the same thing.

You may have to file a Tax Return to declare income or claim tax reliefs. Whatever it is, I am here to help you.

I am a Chartered Accountant but a terrible time traveller. For this reason I like to keep in touch throughout the year and ensure we get you the most value out of your income streams.

Some accountants will check in with clients after the tax year has ended, by which point it is too late to change anything. We can change the future but not alter the past.

Contributed to a pension?

Pensions are dull aren't they? Well I dont think so actually.

If you are a Higher Rate tax payer, there may be a chance you have additional tax relief to claim for those pension contributions you have been making. Unless you have a Salary Sacrifice pension scheme, a tax return needs to be filed to claim this tax relief.

There are also rules about how much you can contribute to a pension each year. Are you utilising your Annual Allowance? Are you contributing more than your Annual Allowance and subject to a Pension Savings Tax Charge? Are you monitoring and documenting your unused Annual Allowance?

There is so much more involved with pensions and tax then those contributions, so lets have a chat about how to claim the tax relief you may be entitled to and prevent any future tax issues.

Sold a property in the UK?

If you have a second property and sell it, you must report this to HMRC within 60 days of completion and pay any Capital Gains Tax due within the same timeframe.

It's not just a case of deducting the purchase cost from the sale cost to work out your Capital Gains, there are other costs and reliefs available for you to maximise your tax efficiency.

I can review your situation and provide Capital Gains Tax calculations, inclusive of relief assessments. Look, selling a property is stressful - I wear the scars from this! So let me make the tax aspect as stress free as possible for you!

Got a potential Capital Gain?

Sold some shares or crypto? Chances are these are liable for Capital Gains Tax. As the Annual Allowance has successively reduced over time, there is now a chance you may be liable for declaring the sale and paying any Capital Gains Tax to HMRC.

Honestly, I love a Share Pool and reviewing the HMRC Crypto Manual. So let's make sure you are been as tax efficient as possible.

Side hustle becoming a big hustle?

Platforms are now sharing their data with HMRC, including Vinted, eBay, Airbnb and more. Some people did not declare this for a while but Big Brother is watching and you need to make sure you are declaring your side hustle income correctly to HMRC.