Expert Self-Assessment Tax Return Services in London
Comprehensive Personal Tax Services in London
Our team of dedicated professionals offers a suite of personal tax services. Breaking the mould of typical accountancy firms, we blend traditional values with forward-thinking strategies. This dynamic approach empowers our clients, fostering growth and financial peace of mind.
Considerations for Self-Assessment Tax Returns
The process of self-assessment involves numerous considerations. From accurately reporting income and expenses to understanding the implications of capital gains tax, the complexities can be daunting. Let our experts navigate these waters, delivering a solution designed for simplicity and efficiency.
- Expertise in Capital Gains Tax.
- Robust understanding of National Insurance.
- Efficient handling of the 31st January deadline.
- Accurate calculations for Income Tax.
- Professional liaison with HMRC.
How Our Self-Assessment Tax Return Service Works
Begin your journey with a consultation, either via phone or video call. Our attentive accountants will listen, ask relevant questions, and provide advice, followed by a personalised quote.
When you work with us, you will benefit from:
- Accurate tax calculations.
- Strategic tax planning.
- Expert bookkeeping services.
- Effective communication with HMRC.
- Efficient management of deadlines.
- Specialised CIS handling.
Why choose us
Why Partner With Our London Tax Return Specialists
Expert Guidance
We offer decades of experience in self-assessment tax returns, helping clients navigate the complexities of tax regulations.Accuracy & Compliance
Our attention to detail ensures your tax returns are accurate and compliant, minimising the risk of penalties or investigations by HMRC.Personalised Solutions
We pride ourselves on providing tailored tax solutions that cater to your unique financial situation and goals.Tax Optimisation
We identify tax planning opportunities to potentially reduce your tax liabilities and maximise savings.Timely Submissions
Our team stays on top of deadlines, ensuring your tax returns are submitted well before the 31st January deadline.CIS Expertise
If you're in the construction industry, we offer specialist knowledge in the Construction Industry Scheme (CIS), ensuring correct deductions at source.Reviews
Positive Experiences Shared by Our Satisfied Clients
We have been working with Dauman for years and we cannot complain about a single thing. It is efficient, cost-effective and client-centric firm. 100% recommended!
Clive has prepared the accounts for my business for over 15 years and has also submitted my tax returns. Clive’s invaluable knowledge and expertise has given me peace of mind with regards to my accounts. It’s great to have this reassurance – Clive is always efficient, personable and very approachable too. Thank you Clive!
I have been a client of Dauman and Co for over 25 years and my father was a client for 15 years prior to me. Through out this period I have been the recipient of an excellent professional and courteous service. I would be very happy to recommend this company to anyone.
Excellent, reliable and polite people pleasure to work with.
FAQ
Your Questions, Answered
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What is self-assessment?
Self-assessment is a system used by HMRC to collect income tax. It’s a way for individuals to report their income, expenses, and other necessary details during the tax year.
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Why should I use a self-assessment accountant?
A professional accountant can help ensure your tax return is accurate, compliant with laws and regulations, and optimised for tax efficiency. They can also help you meet submission deadlines and handle communication with HMRC.
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What is CIS, and how does it affect me?
The Construction Industry Scheme (CIS) applies to contractors, subcontractors, and businesses in the construction industry. It involves deducting money from a subcontractor’s payments and passing it to HMRC. We offer expertise in handling CIS implications for your tax return.
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What is a payment on account, and how does it affect my self-assessment?
A payment on account is a tax payment made twice a year by self-employed people to spread the cost of the year’s tax. It can affect your cash flow, and we can help manage this effectively.
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How do you ensure accuracy in tax calculations?
Our ACCA, AAT-qualified accountants use the latest software, maintain a deep understanding of tax laws, and pay meticulous attention to your financial details, ensuring the utmost accuracy in your tax calculations.
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Can you help me if I’ve missed the self-assessment deadline?
Yes, we can help you handle late submissions and potential penalties. We’ll communicate with HMRC on your behalf to explain the circumstances and work to minimise any fines.
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Can you help me optimise my tax position?
Absolutely. We review your financial information thoroughly, identifying potential opportunities for tax deductions, allowances, and reliefs. This way, we can advise on strategies to maximise tax efficiency.
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What does the service cost?
The cost of our self-assessment tax return service depends on your specific requirements. We’ll discuss this during your initial consultation and provide a personalised quote afterwards. Schedule a meeting with us to get started.
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What does the service include?
Our service covers all aspects of self-assessment tax returns, including tax return preparation, tax calculation, tracking deadlines, bookkeeping, payments on account, penalties and late submission management, and acting as an agent in communications with HMRC.
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I run a small business. Can you handle my self-assessment tax return?
Yes, our services cater to individuals, including sole traders and small business owners. We can handle all aspects of your self-assessment tax return, freeing up your time to focus on running your business.
Knowledge
Explore Our Tax Return Insights
Contact us
Let's Ignite Your Financial Growth
Visit Us in Person
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9 Station Parade
Uxbridge Road
Ealing Common
London W5 3LD