Tax Return Preparation
Helping You Calculate and Prepare Your Personal Tax Returns
Filing a Self-Assessment tax return can be confusing — and costly if done incorrectly. At Haggards Crowther, we make the process stress-free, ensuring accuracy, compliance, and the lowest tax liability possible.
With an increase in technology and more joined-up behind-the-scenes systems at HMRC, it is more important than ever to ensure that your tax return is correct.
Whether you’re self-employed, a landlord, a high earner, or have complex income streams, our team of tax specialists are here to help you calculate your individual tax return accurately and efficiently.
Why You Need Help With Self-Assessment
Failure to submit on time or declare your full income during the year can result in significant penalties being incurred. If you are required to complete a self-assessment tax return, you may need help and guidance.
Many clients need advice on:
- Exactly what to declare
- How to minimise the amount of tax payable
- Offsetting any personal losses during the year
- Managing one-off capital gain
The Importance of Early Tax Preparation
Our personal tax specialists will work with you to collate all of the necessary figures and evidence required to accurately calculate your personal income.
We encourage our clients to take a proactive approach to their tax returns and not leave submissions until the last minute. Whilst the deadline for submission of self-assessment tax returns is January 31st for the 12 months to the 5th of April of the previous year.
Leaving your self-assessment until late in January carries risks, including risks, such as:
- Less time for us to try and reduce your tax bill
- Making a late submission
- Additional costs and penalty charges
- Limited time to make the relevant payment to HMRC
How Haggards Crowther Can Help
At Haggards Crowther, we take the stress out of tax return preparation. Our friendly, expert team works with individuals across London and beyond to:
- Accurately calculate your tax bill
- Identify eligible deductions and reliefs
- File your return on time, avoiding penalties
- Offer ongoing tax advice tailored to your situation
However, if your tax affairs are more complex, such as owning multiple properties, receiving income from trusts, or planning your retirement, we can advise you on the most tax-efficient strategies for the future.
Contact us Today
Don’t wait until the last minute to submit your tax return. Our team of tax advisers are here to help you calculate your tax return and protect you from late penalties.
Ready to file your tax return with confidence? Contact our expert tax team today to get started and avoid last-minute panic in January.
FAQs
Who needs to file a self-assessment tax return?
You need to file a self-assessment tax return if you are self-employed, a business partner, a landlord, earn over £100,000 a year, or receive untaxed income such as dividends, foreign income, or capital gains. HMRC will usually notify you if a return is required, but it’s your responsibility to check.
When is the self-assessment deadline?
The deadline for online submissions is 31st January each year for the previous tax year (ending 5th April). Paper tax returns must be filed by 31st October. Payments for any tax owed are also due by 31st January.
What happens if I miss the self-assessment deadline?
If you miss the deadline, HMRC issues an automatic £100 penalty. Additional fines and interest are charged the longer the return remains outstanding, so it’s essential to file on time.
Can you help reduce my tax bill?
Yes, our tax specialists identify eligible allowances, reliefs, and expenses that can reduce your tax bill legally and efficiently. We also provide advice on tax planning for the future.
Do you only work with clients in London?
No. While we’re based in London, we work with clients across the UK and internationally, thanks to secure digital processes.