• Self-Assessment tax returns - deadline is fast approaching

    The deadline to file your personal Self-Assessment tax return is 31 January 2012. This might feel like a long time into the future but it really isn't!

    You need to collect together all of your financial information for the year 6 April 2010 to 5 April 2011 and use it to fill in our online Personal Tax form. We can then prepare your tax return and computations and let you know what your tax liability is and how much you will have to pay on 31 January 2012. If you are lucky enough to have overpaid tax then you will be due a rebate, the sooner we can file your return, the sooner you will receive your rebate from HMRC.

    If you are not a 123 client then get in touch asap so we can get you signed up to prepare your return in time for the 31 January deadline - don't leave it to the last minute as you risk receiving fines and penalties from HMRC.

    As always if you have any questions at all then feel free to call us on 0845 834 0269 or drop us an email at info@123contracting.co.uk

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The 123 Way

What is included as standard for a fixed fee of £65.00 + vat per month:

Full Contracting health check - is your business performing as best it could - we'll ensure it is.

If you're new to freelance contracting, we'll ensure you start trading in the right way.

Then you can sit back and relax, your ongoing HMRC & Companies House compliance will be taken care of.

The 123 Way - simple & stress-free.

123 Income Illustrator

The 123 Income Illustrator shows you what you can expect to take home from a given contract.

It also compares the differences between freelance contracting through your own Limited Company, through an Umbrella Company, as a Sole Trader or if you were to return to full time employment.

The123 Income Illustrator

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For more information check out the link below:

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