When it comes to accounting, no company is more well informed than ours is. Having been in operation for the last three decades, we have used the experience and knowledge our team has gained over the years to provide clients with services that can only be described as being first class. Employing some of the most talented accountants Stratford has to give, you should contact us if there are any financial issues that need sorting out.
If your tax affairs are elementary, then you might qualify for what is known as the short tax return. This acts as a four page substitute to your standard form and works a little differently than the ones most of us are used to. If you aren’t overly familiar with these returns, the information we’ve produced below is something you may find useful.
To begin with, they’re distributed to people automatically. One cannot choose to complete a form of this nature, nor can they request it by themselves. HMRC will only send off a short tax return to those who meet the necessary criteria. When these four page forms are sent to you, they shall come with guidance notes to help you in getting to grips with everything.
Generally you qualify for the short return if your taxes are uncomplicated and there is no need to fill in a larger form. Typical examples of those entitled to this option include pensioners, employees, and self-employed individuals with a lower turnover than £30,000. It’s possible for business directors to be allowed one, but this is incredibly rare.
At Brian G Lonis & Co, we supply clients with a broad mixture of services, including VAT and Tax returns, company rearrangements, and new business formations. Compared to most other firms out there, our fees are highly competitive. Furthermore, thanks to our no frills status, we can give you precisely what it is you require at more appropriate prices. I
f there are things you would like us to go over with you, you’re welcome to get in touch with the team. Each time you will work with one of the very best accountants Stratford has to offer.