Personal Taxation

Tailored tax savings for individuals and un-incorporated businesses

Income tax rates and personal allowances

National Insurance contributions

The Institute of Fiscal Studies (IFS) anticipated that nearly 750,000 became higher rate tax payers in April. From the start of the tax year the government also increased national insurance. There were winners and losers and the losses and gains are complex. 

It is not unsual these days to receive unclear or confusing information and indeed the National Audit Office itself has reported in the past that as many as 5.7 million people in the UK may be paying the wrong amount of tax. HM Revenue & Customs (HMRC) is increasingly under strain and the pressure showed last year with the tax code chaos in which tax payers paid the wrong tax for two years. To compound the situation further Coalition cost cutting measures mean you can only access the Self-Assessment Tax Return Guide, the so-called big book, online and your accountant & tax adviser will not be receiving a copy of your PAYE coding notice.

At Davis Burton Sellek Chartered Accountants you will have access to full range of personal taxation services for individuals and un-incorporated businesses, from straightforward completion of Self Assessment Tax Returns, through to finding tailored solutions to minimise and, where possible, eradicate liabilities.

We have the added advantage of HMRC knowledge and experience which means we can offer greater value for money by, for example, speeding up repayments, effectively dealing with problems when they arise and using our understanding of HMRC policy and procedure to our clients' best advantage.

Whatever your requirements we would be happy to meet you.

Download the Tax Return Aide-Mémoire here

See related services:

• Corporate & business taxation
• UK and international tax planning
• Tax investigation
• Personal financial planning