Self-Assessment Tax Return
We assist with the preparation and filing of your self-assessment tax return, ensuring that all income, deductions, and allowable expenses are accurately reported. As per HMRC guidelines, the filing deadline for paper returns is 31st October, and for online returns, it is 31st January following the end of the tax year. We ensure timely submission to avoid penalties, and our team provides ongoing support to help you manage your tax liabilities throughout the year.
GCT & IHT
Managing Capital Gains Tax (GCT) and Inheritance Tax (IHT) is crucial for effective tax planning. We provide tailored advice to help you minimise your liability on property sales, investments, or gifts. As of April 2025, the rules surrounding residential property sales and GCT are becoming more stringent, especially with the introduction of additional reporting requirements. We also assist with IHT planning, offering strategies for gifting and the use of trusts to reduce the tax burden on your estate.
Foreign Income
If you have foreign income or investments, it’s essential to ensure full compliance with UK tax law. HMRC requires UK residents to report all foreign income, including salary, pensions, and rental income. The rules surrounding foreign income are complex, with varying rates of tax depending on the type of income and your country of residence. We provide expert advice on how to report foreign income, claim relief under double taxation agreements, and ensure that you are not overpaying tax.
Audits from HMRC
Being subject to an HMRC audit can be stressful, but our team is here to provide guidance and support throughout the process. Whether it’s a routine check or an investigation into specific issues, we help you respond to HMRC’s queries, gather the necessary documentation, and resolve matters efficiently. With recent HMRC reforms, audits can now cover a wider range of taxes and reporting obligations. We ensure you are fully compliant and work to minimise any penalties or interest that may arise from an audit.
Property & Self-Employment MTD Compliance
For individuals with property income or those who are self-employed, compliance with Making Tax Digital (MTD) is now mandatory. As of April 2026, MTD applies to all self-employed individuals and property owners with gross income over £50,000. This requires businesses to use digital tools to keep records and submit tax returns directly to HMRC. We help you ensure that your property and self-employment tax records are accurate, compliant with MTD, and submitted on time, reducing the risk of penalties.
