Self Assessment and Tax Returns, Inland Revenue, Self Assessment, Tax Affairs, Personal Finances

	Self assessment Tax Returns. All self employed individuals (as well as anyone with other income not taxed at source) have to file an annual Income Tax Return with the H M Revenue and Customs. With the introduction of Self Assessment, more and more taxpayers are turning to tax professionals for help in dealing with their tax affairs and with the H M Revenue and Customs.

GrossKleinWood
Peterborough Office
75 Park Road
Peterborough
Cambs.
PE1 2TN.

Martin J Wood BA(Hons) MAAT, ACA, FCCA, MCMI, MEWI, CUEW

GrossKleinWood
London Office
6 Breams Buildings
London.
EC4A 1QL.

Martin J Wood BA(Hons) MAAT, FCCA, MCMI, MEWI, CUEW
Howard A Gross FCA, FCCA, CTA
Anthony P Klein FCA, FCCA
Associate: Stephen Goodman FCA

For many people, their personal finances are inextricably linked to their business affairs.

Many of us find these tax returns confusing and complicated. It is estimated that some 10% of all income tax assessments issued by the H M Revenue and Customs are incorrect - invariably in favour of the H M Revenue and Customs. Nevertheless, there are automatic penalties for submitting tax returns late and for errors made by the taxpayer.