Individuals not running their own business may still from time to time need to prepare a tax computation to take account of an unusual or extraordinary event such as an inheritance, the sale of an asset or income from overseas. This would be regardless of whether the individual is already submitting a self-assessment tax return or not.
Individuals running their own business must report on and pay tax and National Insurances annually. Obtaining professional help even for relatively straightforward businesses is essential, and at Best4buisness Accountants we offer a complete range of taxation services.
We are expert in assisting our clients to prepare the necessary computations and returns, whether for business or personal, while also advising on how best to comply with the relevant rules.