Tax self assessment return service

Tax Self Assessment Returns 2004 - Due 31 January 2005

Important: The final deadline for sending in your completed 2004 Tax Self Assessment Return is 31 January 2005 ... see the section DEADLINES.

Isis Financial Planners offer you a pain-free service for completing and filing your Tax Self Assessment form? Contact us now.

Isis Financial Planners have saved many people both time and money by completing and filing their Inland Revenue Tax Self Assessment Returns. We offer a full Tax Self Assessment Return service:

	Free tax health check	We can advise on whether it's necessary for you to submit a tax return and ensure that you're claiming all the reliefs and allowances due to you.
	Tax Compliance Service	We use the latest technology to prepare your annual tax return, calculate the tax (or refund) due and submit your return to the Inland Revenue - all at a competitive price.
	Checking of your statements of account from the Inland Revenue and PAYE notices of coding received during the tax year	Ensure that the Inland Revenue are not charging you too much.
	Advice on tax-efficient investments	As Independent Financial Advisers, we can also offer advice on tax-efficient investments such as ISAs and pensions, and arrange these for you.

It pays to take advice before you act in these and many other specialist areas -proactive planning could save you thousands of pounds! Call us or email for a no-commitment quotation.

Tax Self Assessment - Deadlines

There is a strict series of deadlines that you must follow or you may have to pay a penalty.

	31 January 2005	You must send your Tax Self Assessment Return to the Inland Revenue
	31 January 2005	You must pay the balance of any tax owed for 2003/04 (unless it is being collected through your tax code).
	31 January 2005	You should also make your first payment on account for 2004/05, if appropriate
	31 July 2005	If the previous point applies, a second payment on account will be due by this date.

Tax Self Assessment - Penalties

If you do not follow the rules, you may have to pay a penalty:

£100 penalty if the Tax Self Assessment Return is not submitted by 31 January 2005.
Further £100 penalty if it's not submitted by 31 July 2005.
If the Tax Self Assessment Return is not submitted by 31 January 2006, the Revenue can impose a penalty of up to 100% of the tax due - in exceptional circumstances the Inland Revenue can seek an order to charge a DAILY penalty of up to £60 per day.
A surcharge of 5% of the tax liability will apply on any amount not paid by 28 February 2005.
A further 5% surcharge applies if the tax is still not paid by 31July 2005.
Interest is payable where the tax due is paid late.
Interest is also payable on penalties and surcharges paid late.

Don't fall foul of these deadline or penalties - contact us NOW - the earlier the better - and let us take the pain of Tax Self Assessment away!

The Inland Revenue site can be found at: http://www.inlandrevenue.gov.uk/