How to Submit A Tax Return. If you are one of the 7 million in the UK who are required to submit a self assessment tax return each year you will have a number of choices as to how you make the submission. Assuming that you are in the vast majority that submit their tax returns online the choices of how to submit your tax return are as follows:
- Register with the HMRC site and use their free software to submit your own return
- Purchase commercial software and submit online yourself
- Use an reputable third party service provider such as PGA Self Assessment to do the work for you
How to Submit a Tax Return Using the HMRC site
The advantages of this are that it is free, however the benefits stop there, it requires pre registration, enrollment into the Self Assessment Service and of course is entirely dependent upon the numbers that you enter into it. No advice regarding allowable expenses is provided and it can be cumbersome to use, however, if your tax affairs are very simple or you really do not wish to spend any money on this process then this method will work for you. you can fin the relevant page on the HMRC website at http://www.hmrc.gov.uk/sa/software.htm
How to Submit a Tax Return Using Commercial Software.
Unless you submit self assessment Tax Returns for a living there is no reason that can be thought of why an individual tax payer would invest in Commercial Self Assessment Software and submit their return using this method.
How to Submit a Tax Return Using an outside Self Assessment Service
We would of course recommend this solution as it is what we do and we are very good at it. The advantages of using a specialist Tax Return Accountant such as Indigo Self Assessment is that we provide a service based on experience, we know the reliefs that can be claimed and the allowable expenses, we are qualified accountants so understand the way HMRC operate and of course we minimise the tax that you pay to the absolute legal minimum. You can also rest assured that we will not leave you in a position whereby HMRC start to take an interest in your affairs, everything we do and all advice we provide is of the utmost integrity and has been thoroughly researched and used before.
Of course there is also the price, we prepare, agree and file your tax returns for as little as £75 per return, not a very high price to pay for the peace of mind offered.
Call us to discuss your requirements on 01666 822256