Are you one of the 450,000 people in the UK planning to ignore your tax return for 9 months?
The tax year runs April to April so why do so many people leave their self-assessment until the following January? Is it because the thought of all that paperwork and receipts fills you with dread and anxiety? HMRC are pretty scary right?
It’s no secret that everybody hates the tax man but what if it didn’t need to be that way? Imagine ticking it off your to do list in May and spending your summer and Christmas free from that niggling voice reminding you of your upcoming tasks of trawling through paperwork from as far back as twenty months ago.
Benefit vs. burden
Did you know that if you file your tax return early and are owed a refund you could get this back in time to put it towards your summer holiday? However, if you owe money the deadline for payment remains the same, giving you more time to manage your cash flow because seriously who has money in January?
How we can help you?
As well as filing your tax return, Lunar Accounting Services can help you put the processes in place to keep your accounts running smoothly and timely, taking the hassle out of a necessary job.
We offer a wide range of services from simple bookkeeping to implementing processes, software and training. You may wish to invest in an accounting software package but have no idea where to begin or fear it would be too expensive however the market is now full of affordable and intuitive systems such as Xero and Quickbooks which we can implement on your behalf.
If you would like more information get in touch on 07713736552 or wendy@lunaraccounting.co.uk