Self Assessment deadline penalty

The new tax year started on 6 April 2016, which means that it is time for you, as a limited company director and shareholder, to start compiling the necessary paperwork to complete your Personal Tax Return.

The deadline for filing your Personal Tax Return for the tax year 2015/16 is midnight on 31 January 2017. However, you can save a lot of money and hassle by completing your self-assessment early and by enlisting the help of a dedicated accountant that can provide an all-inclusive Personal Tax Return service.

So how can I get 50% off my Personal Tax Return fee?

We have a dedicated Personal Tax team that can guarantee a swift, smooth and accurate completion of your Personal Tax Return, and for a limited time we are offering our all-inclusive Personal Tax Return service for up to 50% of the regular cost. That means you can have all the paperwork taken care of and your Personal Tax Return filed on your behalf from only £125 + VAT.

This offer is valid for a limited period only and time is running out, so contact our Personal Tax team today to sign up and get started. Contact us now by calling us on 01707 671648 or email us on personaltax@churchill-knight.co.uk and quote ‘BLOG50’ to get up to 50% off your Personal Tax Return fee.

How do I benefit from completing my Personal Tax Return early?

Even though you are not required to submit your self-assessment until midnight on 31 January 2017, there are many benefits of filing and submitting early:

  • You save money on your Personal Tax Return fee

As we mentioned earlier, choosing to file your Personal Tax Return early means you get to take advantage of a discounted fee for our Personal Tax Return service. Remember that this discount is for a limited time only and will expire soon.

  • You have time to save for your potential tax bill (if applicable)

If you file early, you could have months of extra time to save for any potential tax that you may owe as the deadline is actually 31 January 2017.

  • You could receive your refund early (if applicable)

If you file your Personal Tax Return early, HM Revenue & Customs (HMRC) will not wait until the 31 January deadline to pay you any potential refund you may be eligible for. If you suspect you overpaid tax and are due a refund, this is even more of an incentive to file early and get your refund back sooner. This could mean more money in your pocket and potential earned interest on having the amount in your bank account.

  • It’s easier to get help from HMRC if you file early

Attempting to get help via HMRC’s helplines nearer to the deadline is much more difficult and you may end up on hold for a lengthy period of time. However, if you file now and need to contact HMRC for whatever reason, you will find it much easier to get through to speak to someone. Plus, when you use a Personal Tax Return service like ours, you benefit from not having to call HMRC at all. We’ll take care of that for you and use our expert knowledge to ensure your Tax Return is accurate and on time.

  • You can avoid HMRC’s late penalties

You may be aware of HMRC’s fines and penalties for submitting your completed self-assessment late, including a £100 instant fine if you miss the deadline on 31 January. It’s important to file your Personal Tax Return early as it gives more time to compile all the necessary paperwork for your accountant and ample time to address any problems that may arise. Our Personal Tax Return service will ensure this process is as seamless and stress free as possible.

As you can see from the above, you could benefit by filing your Personal Tax Return early. What’s more, we can help you get it done in the most stress and hassle free way possible, ensuring that all the relevant paperwork is completed and that your Personal Tax Return is filed to HMRC promptly.

Our dedicated Personal Tax team at Churchill Knight & Associates Ltd has completed over 10,000 Personal Tax Returns since 1998, making us one of the UK’s leading experts in dealing with HMRC and Personal Tax affairs.

By using our Personal Tax Return service, you are guaranteed that your information will be submitted on time, legally and lawfully. The service is available to all limited company directors who require a Personal Tax Return; whether you are a client or not, we will assure the same high standards on all Tax Returns.

To sign up for our limited time Personal Tax Return saving of £125, or for more information contact us on 01707 671648 or email personaltax@churchill-knight.co.uk. Be sure to quote ‘BLOG50’ when you sign up via phone or email.

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