At Swift Accountants, we provide a comprehensive range of income tax services, including: Self-Assessment Tax Returns: Assistance with preparing and filing self-assessment returns for individuals, sole traders, and partnerships. Personal Income Tax Planning: Strategic advice to optimise your tax position and maximise allowable deductions. Employment Income Tax Services: Managing PAYE processes, tax codes, and employee tax inquiries. Rental Income Tax Management: Guidance on declaring rental income and claiming allowable expenses. Dividend and Investment Income Tax: Advising on tax-efficient strategies for dividends and investment earnings. Capital Gains Tax (CGT) Assistance: Support with calculating and reporting capital gains from asset disposals. Tax Relief Claims: Identifying and claiming eligible tax reliefs and allowances to reduce your tax liability. HMRC Representation: Representing you in dealings with HMRC regarding income tax matters.

We streamline the self-assessment process by: Accurate Preparation: Ensuring all income, expenses, and allowable deductions are correctly reported. Timely Filing: Submitting your tax returns before HMRC deadlines to avoid penalties. Maximising Deductions: Identifying eligible expenses and reliefs to minimise your tax liability. Ongoing Support: Providing guidance and answering any queries you may have throughout the process.

Yes, we can assist with preparing and submitting outstanding tax returns, as well as correcting any errors in previously filed returns.

Our fees are competitive and based on the complexity of your tax affairs. After an initial consultation, we'll provide a transparent quote with no hidden charges.

For the tax year ending on April 5th: Paper Returns: Must be filed by October 31st following the end of the tax year. Online Returns: Must be submitted by January 31st of the subsequent year. Payment of Tax Due: The payment deadline is also January 31st.

Absolutely. Our tax planning services include: Personalised Strategies: Developing customised plans to reduce your taxable income legally. Investment Advice: Advising on tax-efficient investment vehicles and strategies. Retirement Planning: Helping you plan for retirement with tax-efficient savings and pension options. Estate Planning: Assisting with strategies to manage inheritance tax and ensure your estate is handled according to your wishes.

Our experienced team will: Represent You: Act on your behalf in all communications with HMRC. Provide Documentation: Gather and present necessary evidence to support your tax position. Negotiate Settlements: Work to resolve disputes amicably and efficiently. Ensure Compliance: Help you understand and comply with HMRC requirements to prevent future issues.

Typically, you will need to provide: Personal Details: Full name, address, National Insurance number. Income Information: P60, P45, P11D, rental income records, dividend statements, and details of any other income sources. Expense Records: Receipts and documentation for allowable business or personal expenses. Previous Tax Returns: Copies of prior years’ tax filings, if applicable. Investment Details: Information on dividends, interest, and capital gains.