Maz & Co Accountants
and business advisors
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2nd Floor - 14 St.Peters Street - Ipswich - IP1 1XB
Certified Public
Accountants
TAX RETURNS

Completing a tax return can be a stressful exercise even if there are few entries to make. When the January Self Assessment filing deadline approaches the stress levels will rise even further!

A tax return is routinely issued to taxpayers whom HMRC (formerly the Inland Revenue) believes have:
•  Income from self-employment
•  Rental income from Property
•  Other income which is received where tax has not already been
    deducted
•  Complex tax affairs, for example, higher rate taxpayers or company
    directors.

There are two main types of tax return. If you have simple tax affairs including, employees, pensioners and the self employed with turnover less than £64,000 (and expenses less than £30,000), you'll receive the shorter tax return.
If your affairs are more complicated you'll receive a full tax return. This tax return has more pages plus supplementary sections and you may need to complete extra pages, depending on what sort of income you receive.

We use HM Revenue & Customs approved software to:
•  Complete your tax return
•  Calculate your final tax liability
•  File the return on line
•  Liaise with you on the amounts to be paid and when they are due

In addition to this we can analyze your self assessment tax return to see if any tax savings can be made and if we have information about previous years, we can look to see if there are any anomalies that need to be addressed before the latest tax return is submitted.  
If you give us your information within a reasonable time scale, we can take the worry away when it comes to self assessment tax returns, allowing you to concentrate on running your business or enjoying additional leisure time.