6 reasons why you should get your tax return completed quickly

why complete your tax return quickly

Here are a few reasons why you should want to get your tax return completed this year:

 

  1. More notice about impending tax bills, giving you time to arrange your finances. 
  2. We have more information to hand and time to discuss ways in which you can reduce your tax liabilities.
  3. If you're applying for a mortgage or for finance, the tax return has to be filed before we can request the forms from HMRC that the majority of lenders now require. 
  4. Avoid penalties and interest - who wants to pay HMRC more than is absolutely necessary!?
  5. Reduce the risk of enquiry, as last minute rushes can lead to misunderstandings and crucial information not being provided to us.
  6. Focus on other important things in your life, whether that be family, business or most likely both. No one wants to be thinking about Tax at Christmas or New Year!