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Employees are responsible for preparing and filing individual tax returns.

In order to carry out your own self-evaluation, do you require assistance in the preparation of your tax return?

Why not give Cheap accountants in London the opportunity to prepare your tax return for you this year? There are several ways it will assist you. You'll end up avoiding a tone of hassle and extra time! After that, you will be able to put your feet up and take it easy, knowing that the processing of your tax return will be carried out in a timely manner and in an accurate manner. You will be able to do this with the confidence that your return will be handled properly. Because Cheap accountants in London is a subsidiary of Parasol, we are allowed to complete your Self Assessment Tax Return for a charge of only £135, which is far lower than the industry standard. The fact that we are able to provide you with this service is what enables us to make this feasible (ex VAT). In the event that any additional pages need to be completed, there is a chance that an additional cost of £70 (excluding VAT) per page may be paid. This cost would be incurred on a per-page basis. It is expected that the payment for this fee will be added to the payment of any other fees that have already been incurred.


You should keep in mind that you need to ensure that your individual tax return is completed on time in order to prevent any penalties. If you want to avoid the increasingly harsh fines that are enforced by HMRC, you should keep in mind that you need to do this in order to avoid any penalties. If you don't, you run the chance of having to pay fines, which, depending on how much time you lose, may end up costing you a substantial sum of money.


Best Accountants in London

If you were supposed to file your Self-Assessment Tax Return online by the deadline of May 1, 2012, but you didn't get it done in time, you will be liable to penalties that equal to ten pounds each day starting on that day. These fines will start to accumulate from this very moment on. These penalties will continue to be levied until the tax return has been handed in. According to the new rules, you will not only be required to pay an automatic penalty in the amount of £100, but you will also be obligated to pay up to £900 if the return is more than three months overdue. In addition, you will be required to pay an automatic penalty in the amount of £100 if the return is more than three months overdue. If the return is delayed by more than three months, you will be subject to an additional automatic penalty in the amount of one hundred pounds, which you will be obliged to pay. This obligation will transform into a legally binding responsibility in the event that the tax return is not submitted within three months of the date on which it is due. There is a possibility that the total amount of the fines will be higher than $1,600 in total.


How does it work?

In order to ensure that the process goes as smoothly and quickly as it possibly can, Cheap accountants in London will send you a questionnaire that you are needed to complete out. This will ensure that the process is carried out successfully and without any complications. If all you do is respond to the questions that are offered to you, Cheap accountants in London will complete the processing of your return a significant amount of time in advance of the deadline that was provided to you.


In order for Cheap accountants in London to finish processing your return, you will need to give Parasol permission to provide Cheap accountants in London with the relevant financial information for the purposes of this job. Only then will Cheap accountants in London be able to finish processing your return. Cheap accountants in London will not be able to complete the processing of your return until this step has been completed. When that is done, Cheap accountants in London will at long last be able to finish processing your tax refund in its entirety. When that is complete, Cheap accountants in London will be in a position to carry out the operation in question.


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