Personal income tax self-assessment and corporation tax
return is an opportunity,
not a problem
See how we can help you and your business
Getting the annual tax return in on time and fully compliant can be a stressful pinch point for both individuals and the businesses they run. We’ve all heard the horror stories about people panicking to get their virtual paperwork to HMRC at the last minute before the deadline or, worse, missing it altogether. But here’s the thing: it doesn’t have to be that way. In fact, it’s your chance to take charge of your tax position and claim reliefs and allowances that could make a real difference.
For many of our clients, tax return season is no issue at all. If we already look after your business’s bookkeeping and accounts, we’re already more than halfway to having your return done. If you also take ongoing tax advice from us then you’ll find yourself further along the line again.
For creative businesses, your company tax return is when you get to claim things like video games tax relief or reliefs for TV and film production. If you’re an individual providing professional services, it’s our opportunity to help you identify every single allowable business expense and deduct them from your profits. You’d be surprised at the things people overlook and forget to claim.
From April 2023, Making Tax Digital for income tax self-assessment (MTD for ITSA) kicks in for landlords and self-employed people with total business or property income above £10,000 per year. It’s likely to apply to corporate tax from 2026, too. That means you’ll be expected to record, report and make your tax returns digitally, in something like real time. With cloud accounting built into everything we do, MTD is another issue we can help you be ready for before it becomes a problem.
Our approach to tax returns…
- Integrated approach to personal and business tax
- Focus on reducing your tax liability
- Built around MTD-ready cloud accounting software
- Specialists in creative industry tax reliefs
- Supported by strategic tax advice