All self employed individuals
(as well as anyone with other income not taxed at source) have
to file an annual Income Tax Return with the Inland Revenue.
Many of us find these tax returns confusing and complicated.
It is estimated that some 10% of all income tax assessments issued
by the Inland Revenue are incorrect - invariably in favour of
the Inland Revenue. Nevertheless, there are automatic penalties
for submitting tax returns late and for errors made by the taxpayer.
With the introduction of Self Assessment, more and more taxpayers
are turning to tax professionals for help in dealing with their
tax affairs and with the Inland Revenue. For many people, their
personal finances are inextricably linked to their business affairs.
Please contact us to discuss how we can help you,
for more information or to arrange a no obligation meeting.