— OUR SERVICES
Self-Assessment Accountants Based in Bournemouth
Whether you’re a business owner navigating tax requirements for the first time or someone with complex personal finances, our team of qualified accountants can guide you through the self-assessment process with ease.
Simplifying Self-Assessment for All
Dealing with self-assessment can be daunting, especially when you’re juggling business responsibilities or managing personal finances. At IWN, we take the complexity out of tax filings, ensuring that you remain compliant while maximising tax efficiency.
Our tailored self-assessment services are designed to meet the unique needs of every client – whether you’re a small business owner, an established company, or a high-net-worth individual.
Our Self-Assessment Services Include:
— For Businesses (Small & Established)
Accurate Tax Returns: We ensure your self-assessment is completed accurately, including all income, allowable expenses, and tax deductions, helping you avoid costly mistakes.
Maximising Tax Efficiency: We identify opportunities to optimise your tax position, ensuring you pay only what you owe and no more.
Compliance & Deadlines: Our team keeps track of key deadlines and ensures your business stays compliant with HMRC regulations, reducing the risk of fines or penalties.
— For High Net Worth Individuals
Complex Tax Filings: If you have multiple income streams, assets, or investments, we simplify your self-assessment and manage complex tax filings with ease.
Tax Planning & Advice: We offer tailored tax planning strategies to help you manage wealth, reduce liabilities, and align your finances with your personal goals.
Capital Gains & Inheritance Tax: We provide expert guidance on managing capital gains tax and inheritance tax, ensuring your financial legacy is preserved.
What Makes Our Services Stand Out?
— HOW CAN WE HELP
Your Questions, Answered By Us
What is self-assessment and why do I need it?
Self-assessment is the process used by HMRC to collect income tax. It’s necessary for individuals or businesses that earn income outside of standard PAYE, such as self-employed individuals, landlords, or high-net-worth individuals with complex financial portfolios. We help ensure that all your income, expenses, and deductions are accurately reported.
How do I know if I need to file a self-assessment?
If you’re self-employed, a company director, or earning income from rental properties or investments, you may need to file a self-assessment tax return. We can assess your situation and advise you on your obligations.
Do all businesses need to complete a self-assessment?
Yes! If you’re a sole trader, partner in a partnership, freelancer, or a company director, you’ll need to file a self-assessment. Even if your business isn’t making a profit yet, self-assessment ensures you’re staying compliant and can claim any eligible deductions.
Can you help me if I’ve missed a self-assessment deadline?
Absolutely! If you’ve missed a self-assessment deadline, don’t worry—our team can help you file your return and minimise any penalties. We’ll guide you through the process and ensure everything is up to date, so you can avoid any further issues with HMRC.
How can I improve my chances of reducing tax liability?
Proper planning and accurate reporting are key. We’ll help you identify tax-efficient strategies such as maximising allowable expenses, utilising tax reliefs, and optimising your business structure – all to ensure you’re paying the minimum tax possible.
Who Do We Serve –
Landlords
IWN Accountancy are specialists in assisting Landlords to operate as tax efficiently as possible, ensuring maximum profitability and capital growth.
Start Up
Business
The only way to guarantee success is to surround yourself with the right people, have a plan and move forward.
Established
Businesses
Established businesses might be more robust than start-ups, however, they can also be stuck in bad habits.
HNW
Individuals
We work with High Net Worth clients to build structure to your finances and focus on your priorities in a tax efficient way.
