WHAT IS TAX COMPLIANCE?

Tax compliance is pretty simple to explain. It’s making sure you’re abiding by HMRC’s rules and regulations when you submit your tax returns. At Cooper Parry, our tax team can make sure that’s the case.

Tax returns are time consuming. Research by YouGov (2016) found that people in Britain spend a total of 9.5m hours on their tax returns every year. And if you have complicated circumstances, such as properties or investments, trying to figure out your tax compliance could get very complex. It would probably take you days to complete. And you might never have the peace of mind you’re doing things according to HMRC’s standards. So, what if you could get someone else to do it on your behalf? Our personal tax services team are here to help.

SAVING YOU TIME AND GIVING YOU REASSURANCE

We work with lots of different people on their personal tax compliance. Shareholders, business owners, entrepreneurs. Pensioners, Lords and Ladies. It’s usually a very simple process. We’ll gather all the information we need. Then, using our expertise and experience we’ll translate it into language HMRC will understand. Finally, we’ll let you know how much you’ll need to pay.

IT CAN LEAD TO OTHER OPPORTUNITIES

We’re also surrounded by a team of tax experts in other areas, just in case you need any specialist advice. Our personal tax compliance work usually involves talking to entire families. It can mean we can help with succession planning, where we think about your property, land and other assets, and how to be as tax efficient as possible in the future. We can give you advice on inheritance, trusts and other areas of personal tax too.

So, when it comes to your personal tax this year, don’t add to those 9.5m hours everyone else spends doing tax returns! Instead, give us a ring or drop us a line. We’ll save you time and give you the advice and peace of mind that you’ll be compliant. You’ll be able to get on with making your life count.

SARAH AXE

Personal Tax Partner

When something important happens, we make sure we’re on top of it.

E: saraha@cooperparry.com

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