Tax Advice & Tax Compliance
James Lee Associates
Register for Self-Assessment & file your Tax Return with HMRC
Assistance with all your tax compliance requirements
If you are a UK tax payer then it is your legal obligation to register and submit your Self-Assessment Tax Return before the filing deadline, in order to avoid late filing penalties being levied by HMRC.
We can assure that all allowances and reliefs to which you are entitled have been claimed ensuring that you pay the correct amount of tax. Furthermore, we have a proven track record of meeting the filing deadline for all of our clients, wherever the relevant information has been provided beforehand.
James Lee Associates can assist with the preparation of Property Rental Accounts, Self-Employed accounts, Capital Gains Computations, Peronsonal Tax Returns, VAT Returns, and company accounts.
Register for Self-Assessment - Compulsory Registration
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You have commenced Self-Employment
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You receive income from land or property
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You have employment income over £100,000 taxed under PAYE
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You receive taxable foreign income
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You have been appointed as a company director
Avoid late-filing penalties
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1 day late - £100 penalty.
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3 months late - £900 - Daily penalties of £10 up to £900.
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6 months late - £300 or 5% of the tax due (whichever greater).
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12 months late - £300 or 5% of the tax due (whichever greater).
We handle all communication from H.M Revenue & Customs
Our aim is to relieve you of the burdens associated with personal tax compliance. As your agent we will liaise with HMRC directly on your behalf: whether you require your PAYE tax code amended or you need to make an election to reduce your Payments on Account. Our firm is your direct point of reference with HMRC and we have direct access to their online systems meaning we are well equipped to handle all communication on your behalf.
We provide a pro-active service that will fully review your personal tax position and provide you with the necessary tax advice in order to minimise any current tax liabilities and those arising in the foreseeable future. If you receive a tax enquiry from HMRC then we well positioned to resolve any investigations in a timely fashion while minimising penalties.
