Personal Tax
Self assessment can be a time consuming and often confusing business for busy individuals. This can be very costly if deadlines are missed, incorrect returns are delivered, or appropriate records are not retained or presented.
GMCL offer a comprehensive and tailored Personal Tax Self Assessment service, including:
- Calculating your tax liability
- Completing and filing your self assessment tax return on your behalf
- Advising you on how much tax to pay and when
- Advising on appropriate record retention
- Introducing you to any relevant tax saving ideas
- Assisting you in the event of a HM Revenue & Customs investigation
GMCL also offer a specialist Personal Tax Planning Service, to optimise your tax position and ensure you meet all the compliance requirements, tailored to your individual needs, this includes:
- Advice on minimising tax liability for all personal taxes such as income tax.
- Completion and filing of relevant returns
- Advice on what payments are due and when
- Whether directors should be paid by salary or dividend