CIS & Self Assessment
Freeing up your time, taking away the stress of tax returns and investigating any refunds due to you!
Individuals & Sole Traders
Partnerships
Limited Companies
Income & Expenditure Accounts
Self Assessment Tax Returns
Liaising with HMRC on your behalf
Identifying suitable tax planning opportunities
Taking away the stress and worry that comes with self assessment!
Freeing up your time
At Jennifer Cutts Bookkeeping & Accountancy, we specialise in helping individuals and sole traders with their self assessment tax returns & Refunds. We recognise that you have better things to do with your time than deal with all the often complicated and time consuming letters and forms you receive from HMRC. Getting to grips with all those invoices, receipts & bank statements can make bookkeeping such a chore – let us handle that for you!
We do all the hard work for you
We do all the hard bookkeeping and tax work for you and answer the questions we know you will ask such as, has my return been submitted on time, have I claimed everything I am entitled to and how much refund am I going to get if I am a subcontractor? If you think you have overpaid tax in previous years, we can also handle that for you! By undertaking all of the work on your behalf, you are able to get on with running your business. More often than not, the time spent handling your tax returns yourself will cost you more than utilising our expert services.
Putting money back in your pocket
Under the CIS scheme, main contractors make CIS tax deductions from their subcontractors, and pay the money to HMRC. When the subcontractor submits their tax return, most or all of their tax has already been paid. The standard CIS tax deduction is 20%, so if you’re a CIS subcontractor you could well have overpaid. Overpaid tax can be claimed back for the last four years and the average 4-year rebate is £2,500.