FAQs

We will require details of all income you have received in the year, including, but not limited to, state benefits, pensions, rental income, bank/building society interest received (including any from accounts held in joint names), and share dividends. We will also require details of any pension payments made – (company name, amount paid and frequency). […]

If you have earned over the tax threshold in the relevant year, you may still be entitled to receive a tax refund, just not ALL the tax you paid.

A form P60 is a statement of earnings, tax and National Insurance contributions (NIC) given to all employees at the end of the tax year. A form P45 details earnings and tax and is given to employees at termination of employment. A CIS certificate is a unique tax form, provided monthly by the contractor to

The deadline for submitting your tax return electronically is 31st January. If you submit a paper based return you have until the 31st October. If you fail to submit your return using either method by 31st January, you will be issued with a £100 fine.In addition to the late filing penalty, daily penalties have been

Usually, HMRC will transfer the funds directly to us, your agent. You then have the option of being paid via BACS or cheque, after deduction of our fee. The choice is yours.

Don’t worry, it’s our job to help you. We are used to this and understand that some documents can be lost or misplaced. We will liaise with the contractors and HMRC on your behalf. However, contractors are under no obligation to send us the information, so we may need you to speak to them directly

You can only claim back 4 years of refunds. However, you are still required to submit Self Assessment Returns that are outstanding from previous years, if requested by HMRC. Prior to 4th April 2010 you could claim back 6 years of refunds. HMRC have the power to alter this, so it is in your interests

Our current fee is £210 plus VAT. Where self employment covers a brief period or you commenced self employment near the end of the tax year, we will agree a reduced fee with you. If you have more than one year to prepare we may offer a discounted fee for multiple Self Assessment Returns. Unlike other companies,

The HMRC standard response is that the turn around time on average is approximately 3 weeks, once the tax return has been submitted electronically. This is an approximation and for guideline purposes only. Many refunds are received within 2 weeks but some take longer. HMRC security checks can slow the process down and they currently suggest that one in

You can claim your tax refund once the tax year has ended on 5th April each year. There are exceptions. If you are leaving the country or know you are not going to be carrying out any further work in the current tax year, you may be entitled to make an ‘In Year’ Repayment Claim.