Personal Tax Compliance

Tax legislation is ever changing, so it’s important to review your compliance requirements regularly.

The UK has the longest tax code in the world at over 10 million words, and gets longer every year. Our personal tax team can help navigate the complex tax landscape, reducing the compliance burden, whilst offering a highly personal service tailored to your needs.

A full tax compliance service for individuals, trusts and estates.

More individuals than ever before are required to complete annual self assessment tax returns and it can be difficult to know where to start when it comes to getting your tax affairs in order. We can assist throughout the whole process, from helping you get registered for self assessment, to filing your tax return on your behalf, and beyond.

Clients often prefer to use one firm to assist with both their tax returns and other legal requirements, such as Wills or Power of Attorneys, and our Private Client team can help with both.

Why use Burness Paull’s tax compliance service?

Our personal tax team is comprised of both qualified Chartered Tax Advisers as well as members of the Society of Trust and Estate Practitioners. We have substantial expertise in tax compliance and tax planning and work with all types of clients, from sole traders to high-net-worth individuals.

We stay on top of changes to tax law and will keep you up to date with relevant developments. We analyse all budget documentation and technical updates in depth so you don’t have to – being members of professional bodies mean we have a requirement to continuously keep our knowledge up to date, and we translate this into practical, digestible information and guidance for our clients.

We understand that your circumstances may change year on year and we’ll review your tax position annually to make sure you are in full compliance with the law and are claiming all the reliefs and allowances you are entitled to. We want to make sure you are paying the right amount of tax, but not more than you need to.

Keeping up with compliance can be challenging. We have helped many clients who have fallen behind on their tax reporting get up to date and have corresponded with HMRC on their behalf. We can appeal late filing or payment penalties for you if there is cause to do so.

If you have sold a residential property that is not your main residence, we can assist with the capital gains tax reporting requirements. Any gains on residential property now need to be reported within 60 days and we can prepare the relevant capital gains calculations for you and deal with any reporting on your behalf.

We work closely with our corporate tax colleagues so can provide a holistic approach to tax planning and advise on your business tax needs.

A personal service, allowing you to plan ahead.

We provide a highly personal service – you will have a named point of contact who will keep in touch with you regularly. We don’t use processing centres or complicated technology. We like to speak to our clients and are happy to receive your information in a way that suits you, whether that be via email or in person at one of our three offices. You won’t be waiting weeks for a reply to your email and we will turn around your tax return quickly – we know that planning is important to our clients and we’ll let you know what your tax liability is at the earliest opportunity.

Get in touch now to find out how we can help you with your tax compliance needs.