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Tax Returns for Self-Employed Londoners - Special Offer!

Tax Returns for Self-Employed Londoners – Special Offer!

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Tax Returns for Self-Employed Londoners - Special Offer!
Are you self-employed? Are you late filing your 2018/19 Self-Assessment tax return? If so, now is the time to get Taxfile to sort it out for you.

There are 4 important reasons why you should file your tax return now:

1. Save money, with our special offer!

For a very limited time, we are offering to do Self-Assessment tax returns for self-employed Londoners for just £199 + VAT (our usual pricing is from £277 + VAT). That’s a saving of nearly £94 including VAT.

2. Stay eligible for Government Help during the lock-down

Self-employed people who are struggling financially during the coronavirus lock-down may be eligible for financial help from the Government. This is in the form of their recently announced Self-Employed Income Support Scheme (‘SEISS’). However, to remain eligible, you must have filed your 2018/19 Self-Assessment tax return by 23 April. If you miss that deadline, you will no longer be eligible for that Government assistance.

3. Avoid severe fines from HMRC for being so late

The original deadline for submission of your 2018/19 Self-Assessment tax return was actually 31 January 2020. So, if you didn’t already file your tax return by that date, you already owe HMRC a fine of £100 minimum. That’s nothing, though, compared to the penalties they will start charging you after April. From 1 May, you will owe an additional £10 per day, every day from that date if you still haven’t filed your 2018/19 tax return. So, for example, after a week you’ll owe the original £100 plus an additional £70 as a minimum, or the £100 plus a further £140 after two weeks and so on. You may also be charged interest on top of all of that if you owed HMRC a tax payment on the original 31 January deadline and still haven’t paid it.

4. You may be due a tax rebate

Some self-employed people may be due a tax rebate. This depends upon your

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Free Tax Clinics in Clapham Junction

Free Tax Clinics for Barclays Bank Customers

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Free Tax Clinics in Clapham Junction

As a way of giving back to the community, Taxfile recently hosted a free ‘Tax Clinic’ at the Clapham Junction branch of Barclays Bank. Here, customers could informally chat with the Taxfile team about their tax affairs and raise any queries or concerns that they might have about tax, all in total confidence. Many customers seized the opportunity at the January event. They were a mixture of pre-arranged appointments and those simply visiting the branch. All Taxfile’s advice at Barclays Bank on the day was free of charge.

Tax clinic at Barclays Bank, Clapham JunctionThis first Tax Clinic was a roaring success and our advice proved to be very popular with the local community. While the advice on the day was free of charge, some customers asked Taxfile to extend their help into the future, on a more regular, commercial basis. This would typically be for the type of accountancy services that Taxfile offers from its offices in Tulse Hill, Battersea, and Dulwich. For example, payroll services, help with auto-enrolment, year end accounts, computations, submission of tax returns and tax refunds, clearing up messy tax situations … and so on. Such ongoing services are always quoted up front, so that customers know exactly what to expect going forwards. Most times, our accountancy services are offered for a fixed fee, which keeps things nice and simple.

Barclays Bank often recommends Taxfile to their local customers for tax and accounting consultations. Indeed, we work very closely with them as their preferred partner for local businesses here in the Clapham Junction and Battersea area. We’re both keen to be active in the local community and working together has therefore been a natural partnership. Barclays is also on a mission to personalise their offerings to customers and to add more value, so bringing in Taxfile to help with their customers’ tax affairs has made perfect sense.

Our Next Free Tax Clinic — a Date for your Diary!

Our next Tax Clinic will be on 4th March 2020. This will also be at the Read more

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