Under the self assessment regime an individual is responsible for ensuring that their tax liability is calculated and any tax owing is paid on time. HMRC issue tax returns to all individuals they are aware of who need a return, including all those who are self employed or company directors. However it is the individual’s responsibility to complete a Self Assessment tax return (regardless of whether HMRC have issued one) if there is any tax owing which was not fully collected at source; typical examples includes rental property, capital gains, dividends and interest.
Why choose Piper Hulse Accountants?
With more than 40 years experience in large and small industries plus accountancy practice, Piper Hulse has the professional know-how to offer solutions and advice across a wide range of accountancy and business advisory matters. We’re a highly-qualified team and you’ll only ever deal with a senior accountant giving you peace of mind your money matters are in great hands.
We understand private clients have bespoke needs and would be happy to meet with you for a coffee to see exactly how we can help you. Please give us a call on 01785 850060 or contact us to make an appointment.
Please contact us for more information.