There are many reasons why you might need to prepare a tax return, which may be simple or complex. The most common reasons clients come to us are these:

• you earn more than £100,000 and possibly have issues regarding the reporting of a bonus, share scheme or pension contributions
• you have just started, or are thinking of starting, a new business – self-employed, company or partnership – and want to claim all allowable expenses and tax breaks
• you receive overseas income that needs to be reported with appropriate tax credits being claimed
• you have income from a rental property, possibly jointly, and want to report accurately and also review the best structure for the future

There are other reasons for needing to file a tax return but in every case the actual preparation is more than entering data on a simple tax return. It involves understanding the permitted options for reporting different types of income and allowable expenses as well as grasping the technical issues behind the questions on the tax return. You will want an experienced professional to be thinking about how to arrange your tax affairs more efficiently as well as completing the forms accurately.

We provide the peace of mind that comes from knowing your return has been prepared accurately and with an experienced eye for how you might legitimately reorganise your affairs to your advantage. And you will also want to minimise the chance of an HMRC enquiry because you have not understood the implications of how you have reported something.

Almost a million people are fined every year for failing to get their self-assessment tax return completed on time. Don’t risk it, simply relax and let HFM take away all the hassle and ease your worries. Our simple tax return service will make sure your return is completed and filled in on time; no matter how complicated you think it might be. Better still, we’ll deal with HMRC on your behalf and we’ll check their computations to make sure you don’t pay a penny more than necessary.