Personal Tax Services

LJ Smith Accountants deal with many issues that affect client’s personal situations. Be it with current tax issues, dealing with HM Revenue & Customs or planning for the future.

We offer a free initial consultation to all new clients to discuss their requirements.

Personal Tax Services

We offer a full range of personal tax services including the preparation and online submission of Self Assessment tax returns and dealing with HM Revenue & Customs on a variety of levels. People are required to submit a personal tax return for a variety of reasons, such as having rental properties, holding investments or being a company director and we cover all of these areas and more.

Many people in employment also find themselves with difficulties in liaising with HM Revenue & Customs to understand and resolve issues with their PAYE Coding if they have benefits in kind of owe tax from previous years. Also the new Child Benefit Charge that has been introduced for 2013 will bring many tax payers into the self assessment system and will require a tax return to be submitted by the relevant deadline

We can take care of your personal tax affairs alone or tie it in with the work we do with your business accounts and tax work if applicable.

Personal Tax Planning

We advise and assist you with a number of planning aspects that may cover Capital Gains Tax, Inheritance Tax and Retirement planning. Many areas which are all related and may cross over into your business affairs as well.

With the personal service that we offer clients we always look to keep you up to date and aware of the latest developments in the areas that will specifically relate to your own personal affairs.

Self Employment & Partnerships

For details of the services we can offer your own business please see our ‘Business Services’ page. All services offered such as bookkeeping, Payroll, CIS, employment advice and accounts will relate to sole traders and partnerships as well as corporate businesses.

With HM Revenue & Customs bringing in regulations to submit more regular online returns and information relating to Payroll schemes as well as the Construction Industry Scheme it becomes more important to ensure you not only understand your responsibilities but ensure that correct & timely returns are completed to avoid penalties. We can take on those responsibilities and take the burden away from you.