The deadline for submission of Self Assessment tax returns for the 2018/19 tax year is approaching and is 31st of January 2020.
It is important that all of our clients to whom this is applicable ensure that tax returns are completed by the deadline. If you believe you should complete a Self Assessment tax return, please take some time to check using the following link.
We would urge our clients to be on time in their submission, as if late, they may then be eligible for late penalty fees. It is down to each individual to ensure their return is completed by the 31st of January.
Professional accountants can help complete the Self Assessment on your behalf but will charge for these services. Alternatively, a Self Assessment form can be completed by the individual using the following link.
Here at Eldon, we work closely with clients to understand their tax obligations and consider these in any financial planning work we do with you. Our effective planning considers ways in which you can be tax efficient with your savings and investment, to have your funds working as efficiently as possible for you.