How We Can Help with Your Employment Tax Matters in London
As an employee in the UK, you may be meeting your tax obligations through the PAYE system. However, there are instances where submitting a tax return can be beneficial or compulsory under HMRC rules. This may be the case if you are self-employed, a partner in a partnership, a company director, have large amounts of savings or investment income, own land or property that is being let, or have income from overseas, among other scenarios.
At KN Morris Tax Consultancy, we offer a range of services to help employees with their tax matters, including:
Preparing and Checking Tax Returns
If you suspect that the tax collected by your employer(s) was too high or too low, or you have untaxed income from savings or properties, we can prepare and check your tax return for you. We can also make a claim for a tax refund from HMRC on your behalf.
Checking Your Tax Code
We can check your tax code to ensure that it is appropriate, particularly if you have multiple employments where errors can occur. This ensures that the tax collected by your employer each pay period is accurate.
Claiming Tax Relief on Expenses
If you have incurred expenses as a result of being employed, we can complete the claim form or tax return for you to obtain tax relief on items such as business mileage, hotel accommodation, meals, business phone calls, and professional subscriptions.
P60 End of Year Certificate
We can help you obtain your P60 form, which shows your total gross earnings and tax paid in the financial year. You may need this form to complete a tax return, claim back tax or National Insurance you have overpaid, or apply for tax credits.
P11D and P9D Expenses Payments and Benefits
If you receive taxable expenses and benefits from your employer, we can help you obtain your P11D or P9D form, which shows the details of these benefits. This includes items such as company cars, accommodation, low-interest or interest-free loans, and medical insurance.
At KN Morris Tax Consultancy, we provide a fixed, competitive price for our services, ensuring that you pay only the right amount of tax and not a penny more. If you need assistance with your employment tax matters in London, please do not hesitate to contact us.
