JERROMS ACCOUNTANTS & BUSINESS ADVISERS
Free 30-minute Consultation with our Experienced Tax Specialists!
Are you feeling overwhelmed by recent government tax changes? Between the 15 - 26 April, our experienced tax specialists will be offering free 30-minute consultations.
We will be offering face-to-face consultations at our Solihull and Halesowen offices, with an additional option for video call, where our experts will help you to navigate the complexities of your personal tax returns.
Here's why you might need to book a consultation:
Recent Government Changes
In 2023 and 2024, the government implemented significant changes, resulting in more individuals being required to complete Self-Assessment Tax Returns than ever before.
Employment and Pension Considerations
Even if you are employed or receiving a pension with tax deducted at source, you may still need to complete a tax return.
Reduced Exemptions
Exemptions previously in place for dividends or capital gains have been significantly reduced, potentially leaving you with unexpected tax liabilities.
Personal Allowance Reduction
If your income exceeds £100,000, your personal allowance gets reduced, meaning you might not have paid enough tax at source.
Higher Income Child Benefit Charge
If you or your partner earn more than £50,000 (or £60,000 from April 2024), you may need to declare a higher income child benefit charge if you claim the benefit for any children living in your household.
Savings Income
If you have received savings income that is not taxed and this exceeds the tax-free allowances in force, you may be subject to additional tax obligations.
These are just a few reasons why you might need to file a tax return. Failure to do so could lead to penalties and late payment charges dating back several years.
Our no-obligation, free consultation will provide you with valuable and personalised insights into your tax situation. Simply bring along any relevant paperwork, and our specialists will assess your affairs and advise you on any necessary actions.
Navigate your Tax Returns Today! Book your consultation slot now, to secure your financial peace of mind!