our services
Completion of your Self Assessment Tax Return
Preparing your personal tax return can be both onerous and time consuming, however failure to comply with the ever changing legislation can result in significant penalties (please see below).
Penalties for missing the tax return deadline
1 day late a fixed penalty of £100. This applies even if you have no tax to pay or have paid the tax you owe.
3 months - £10 for each following day – up to a 90 day maximum of £900. This is as well as the fixed penalty.
6 months - £300 or 5% of the tax due, whichever is the higher. This is as well as the penalties above.
12 months - £300 of 5% of the tax due, whichever is the higher. In serious cases you may be asked to pay up to 100% of the tax due instead. These are as well as the penalties above.
If you don’t send your return by the deadline, HMRC may estimate the tax you owe. You will also have to pay interest from the date the tax should have been paid. You will also have to pay any penalties due for missing the tax return deadline.
By instructing Morris & Co to prepare your self assessment return, you can save yourself the worry of meeting the deadlines and have peace of mind that your tax affairs are up to date. This frees up your time allowing you to concentrate on the more important factors in your business.
Deadlines for submission of self assessment returns.
31 October: all paper returns
31 January: online returns
Testimonials
- "Over a number of years Morris & Co have provided me with sound financial and business advice. Their in depth knowledge of my particular sector has proved invaluable and they explain my accounts in a way that is easy to understand. All my questions are answered promptly and efficiently and I really appreciate their level of expertise."
David Evans, R T Booth & Co Ltd - "In addition to providing management and year end accounts, Morris & Co have assisted me with and prepared business plans and cash flow forecasts... to help me make vital business decisions."
Dave Lawson, Cardiff - "We have found them efficient and user friendly, and have made a big saving in our accountancy and bookkeeping costs. I can unreservedly recommend the arrangement to my fellow franchisees."
Colin Donald, Slough - "I am delighted with the service I have received from Morris & Co. As BFA Affiliate's I have confidence in their level of knowledge and expertise. As a result I am free to concentrate on building my business with their help and advice."
Simon Wise, Driver Hire London North - "At first I was somewhat reluctant... I have been able to establish a mutual trust and experienced a professional and thorough service."
Kevin Morrissey, Sheffield - "When appointing an accountant it was very important to me to select someone who was not only knowledgeable but friendly and approachable. I have always received proactive, professional advice and I know that the specialist advice I require to run my business is only ever a phone call away. A VAT full cost and apportionment calculation was recently undertaken for my company. As a result of this, my percentages have reduced, thereby saving me additional money."
Ian McGarvey, Ian McGarvey
