a Chartered Accountant?
Chartered Accountants have come
through a rigorous regime of training and examinations,
and have wider practical experience which they use for
the benefit of
their clients. They are the general practitioners of the
financial world, with the expert knowledge to give you
high quality advice on any aspect of your financial affairs.
Why should I use a Chartered Accountant
to help me complete my tax return?
The complexity of our tax system means
that it very difficult to understand what is going on.
By sending your tax return directly to a Chartered Accountant,
he or she will inform you of the records needed to complete
the forms. When the return is complete it will be sent
to you for checking and signing. This is far simpler than
wading through all the paper work, only to miss deadlines
for submission and be penalised.
What does self assessment mean?
Self assessment means that it is your
responsibility as a taxpayer to complete your
own assessment of your income and gains liable to tax,
by completing a tax return.
HM Revenue & Customs has contacted
me, saying that they would
like to inspect my records? What should I do?
A Chartered Accountant can help you deal with the enquiries
from the tax authorities. Chartered Accountants work to
a high ethical standard and will not help you conceal
inaccuracies in your tax returns. However, they can prevent
you from making mistakes in the first place, and they
can argue your corner when a tax official has unfounded
suspicions about your account.