UK Accountancy Firm Dramatically Reduces The Cost of Preparing Tax Returns

Top Quote Indigo Self Assessment have just launched their new service aimed at residential landlords, higher rate tax payers and anyone else who is required to complete a UK Self Assessment Tax Return. End Quote
  • (1888PressRelease) March 29, 2011 - Newly launched on line accounting firm, Indigo Self Assessment have just launched their new website which has been designed to enable users to obtain an instant quote for the preparation of their annual self assessment income tax return.

    UK tax payers who have property income above 2,500 from Land or Property (buy to let, holiday let, renting out a second home), earn above 100,000, are a Company Director, are self employed, have income from a pension and a salary, are a 40% income tax payer or have savings income and many others that are less frequent, are all required to complete an annual self assessment tax return.

    Historically these self assessment tax returns have been prepared by the High Street Accountants and can cost many hundreds of pounds to prepare. By utilising the power of electronic communications, Indigo have reduced the time that is required to complete an accurate Tax Return, which has resulted in them being able to offer the service at a much lower price.

    Managing Director Of Indigo Self Assessment, Philip Gurnhill, expects the new service to be of great interest to residential landlords who have property income from buy to let properties, last year over 900,000 income tax payers were fined for making late returns, the initial fine is 100 and with the price for preparing a basic self assessment tax return being less than this amount it makes sense for the tax payers to use the services of qualified accountants to prepare their returns and calculate the correct amount of income tax.

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