Old Mill logo

Personal Tax

We're here to make your financial life easy

Personal Tax Overview

Benjamin Franklin’s often-quoted remark that “nothing can be said to be certain, except death and taxes” holds as true today as it ever has; but the quality and length of your life, and how much tax you’ll pay, are much more open to debate.

Every client will need to account for taxes in one form or another, from a relatively straightforward self-assessment tax return to a much more complex structure of business and individual taxes.

For many people, preparing and filing a self-assessment tax return can be a stressful and onerous task. Even if your return is relatively simple, recognising and collating the accurate information that HMRC needs while understanding the various allowances and tax reliefs can be a time-consuming process. A straightforward return can also easily become more complex, as income from investments, an element of self-employment, and any income from rented property is added to the mix.

Our specialist personal tax team has years of experience and expertise in dealing with self-assessment tax returns for a wide range of clients. We can complete your self-assessment tax return on your behalf, calculate your tax bill, and deal with HMRC. We will make sure that all information is presented properly to mitigate your liabilities.

The self-assessment tax return services we offer include:

  • Assisting with the collation and preparation of your necessary financial information
  • Assisting with the preparation of your self-assessment tax return
  • Accurately calculating your tax bills
  • Advising you of all tax payments due
  • Ensuring you meet the deadlines to avoid penalties and interest
  • Dealing with HMRC on your behalf
  • Dealing with any enquiries from HMRC following tax returns
  • Handling other matters such as checking PAYE code numbers and statements of account.

We can also work closely with you to understand your personal financial aims and objectives. We can then help you to utilise all the available tax planning opportunities, reliefs and allowances that will help you to achieve those financial ambitions.

To chat to us about your plans, get in touch with us or make an appointment with one of our tax experts at one of our offices in Exeter, Wells, Chippenham and Yeovil.

"The Old Mill staff are friendly efficient and discreet."

G. Nicholls
Contact us