In the UK, it is an individual’s responsibility to ensure they are paying the correct amount of tax to Her Majesty's Revenue and Customs (HMRC). This is done through completing a self-assessment tax return, or personal tax return as it is also referred to and is a legal obligation.
Ridgefield Consulting is an independent firm of Chartered Accountants based in Oxford and has been providing comprehensive quality self-assessment tax return service since 2010. As part of the service we are able to help by:
- Confirming your tax status and whether or not you need to complete a personal tax return for the year
- Registering you for self-assessment if it is your first time
- Explain what records and documentation you need to keep throughout the year, and provide to us so that we can calculate how much tax you will need to pay
- Ensure different sources of income are declared to make sure nothing is missed out from your tax return that could result in tax investigations or penalties
- Accurately calculate your tax liability for the year, as well as identify all deductions that can be made to reduce your tax bill as much as possible
- Send you a copy of your calculated tax return with a summary explaining how we have made the calculations for you to review, approve and sign
- Once you are happy with your tax return, we will help you submit it to HMRC to ensure correct filing by the deadline
- Provide a copy of your tax return for you to keep, but also keep a digital record ourselves should you ever need a replacement
