If you can answer YES to any of these questions, there’s a good chance you could be due a tax refund. In the last 6 years have you…

• Had more than one job in the same tax year?
• Paid subscriptions to a professional organisation?
• Used your own car as part of your job?
• Been required to work from home some, or all of the time?
• Been required to provide tools for your job?
• Been required to launder workwear provided by your employer?
• Received more than one notice of coding within a tax year ?

We operate a No refund – no fee basis. And if you are due a refund, our commission (15% of the tax refund) will only be deducted once the refund is secured. We will liaise with HM Revenue & Customs throughout the whole process, keeping you fully informed along the way. The process usually takes about 6 weeks and depends on the number of years we claim for you.

We will need you to send us all relevant P45s and P60s together with P11D forms and details of the expenses you wish to claim against the employment income. Call Bright Accounting in Tonbridge now to discuss your claim and how to get started.

In the very unlikely event that we discover you have not paid enough tax, we will inform you. It is then up to you to notify HM Revenue & Customs.

Get in touch about a Tax Refund

If you would like to know more on how Bright Accounting can assist you with your Tax Refund then please don’t hesitate to get in touch by calling us on 07788 125066 or 01732 491032 or by using the form on the side of this page. We are based in Tonbridge, Hildenborough, Kent but can travel to any neighbouring areas for a FREE consultation with you.

We look forward to hearing from you and helping you with any questions you have on your tax refund.

The following provides information on who has to file a Tax Return

• Employed
• Working through the Construction Industry Scheme (CIS)
• A Director of a Limited Company
• A higher income earner (fall in the 40% tax band)
• Receive income from land or property in the UK
• A Trustee or personal representative or Non-resident company landlord
• Had income that hasn’t been taxed and is £2,500 or more, e.g. from savings, investments, tips, commission
• Received a Notice to file a tax return from HMRC

The constant changes to tax legislation means not only that the returns are becoming even more difficult to understand but also that taxpayers risk incurring more penalties through failing to complete their returns on time or correctly.

We can save you time, worry, and money by handling your self assessment for you. We will do all the necessary computations, complete your return, and even offer advice on how you can minimise your tax liability.
We can act as your agent, dealing directly with HM Revenue & Customs on your behalf and, should you be selected for a self assessment enquiry, act for you at any meetings.

Bright Accounting Tax return Fees

Basic Tax return service from £120.

This is the basic tax return service which covers the main tax return and employment schedule only.

Landlords – Additional £50 per property

Self employed – from £200

Please contact us for further details if your tax return is complicated or you are a high earner.

Get in touch about making a Tax Return

If you would like to know more on how Bright Accounting can assist you with your Tax Return then please don’t hesitate to get in touch by calling us on 07788 125066 or 01732 491032 or by using the form on the side of this page. We are based in Tonbridge, Hildenborough, Kent but can travel to any neighbouring areas for a FREE consultation with you.

We look forward to hearing from you and helping you with any questions you have on your tax return.

Tax savings

By becoming a limited company you are more than likely going to pay less personal tax than a sole trader. By taking a small salary plus dividends from the limited company you will not be liable to NIC.

Professional

In some businesses and industries, having a limited company can provide a more professional image. If you are doing business with larger companies, you may find that they prefer to deal only with limited companies rather than sole traders or partnerships.

Limited liability

Your assets and the limited company’s assets are separate. The liability of the directors and shareholders in relation to the company is limited.

Naming

Once you register your limited company with Companies House, your company name is protected by law. No-one else can use the same name as you, or anything deemed to be too similar.

As a sole trader, it’s possible someone else could trade under the same name as you, and you couldn’t do anything about it. This could damage your business, and in some cases, result in you having to go through the costly and time-consuming effort of changing the name of your business.

Pension contributions

A limited company can fund its employees’ executive pensions as a legitimate business expense. This can offer a tax advantage over those who are running their business as self-employed.

If you want a free consultation to talk this through please contact Bright Accounting and we’ll help you make the decision that’s right for you.

If you have already decided that a Limited Company is what you want then this is what Bright Accounting can offer you:

Great value, fixed monthly fee packages

We offer a comprehensive range of packages from just £75 a month.

Dedicated Personal Accountant

Who will provide unlimited help and advice to ensure your limited company is as tax efficient and profitable as possible.

We take away the hassle

When you go Limited with Bright Accounting, we will take care of everything for you. We’ll make sure all deadlines are met and your accounts are structured compliantly and in the most tax efficient way possible. We’ll also complete all the required documentation and ensure these are filed with Companies House and HMRC.

Get in touch about setting up a Limited Company

If you would like to know more on how Bright Accounting can assist you with setting up your Limited Company then please don’t hesitate to get in touch by calling us on 07788 125066 or by using the form on the side of this page. We are based in Tonbridge, Hildenborough, Kent but can travel to any neighbouring areas for a FREE consultation with you.

We look forward to hearing from you and helping you with any Limited Company questions you may have.

• What structure should I use? Do I need a Limited Company?
• What types of expenses can I claim?
• What records do I need to keep?
• How much money should I save for tax? When will I have to pay it?
• How can I save some tax?
• Should I register for VAT?
• How can I maximise my tax credits?

We will cover all these areas at your free initial consultation so you can start your business with confidence.

Once you are up and running we will work really closely with you to clarify your business objectives and assist you in achieving the aims you set yourself when you first started your business.

We operate under fixed fees agreements whereby you always know what you are going to pay in advance, all normal communications are included.