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Self-Assessment means exactly what it says! A legal responsibility to tell HMRC about the taxable income and expenditure either through paper filing or filing electronically. Facing the ongoing financial impact of the Covid-19 pandemic, the UK government has introduced several schemes, related to tax deferral and time to payment schemes. The late Tax returns lead to penalties, interest, and surcharges on unpaid Tax. To avoid these surcharges and penalties let Fin-eX Outsourcing be part of your business strategy. We offer outsourcing services to accounting firms and small to large scale businesses, so they can file and process their self-assessments on time and avoid huge penalties. Fin-eX Outsourcing will help you calculate the tax you owe for the year, and the payments you need to make on account of next year's tax. We have a team of professionals who prepare the return and provide you with a copy and detailed supporting schedules for your records. We ensure that you take advantage of all the tax allowances available to you. We make sure to plan to reduce your liability wherever possible. Most of our Self-assessment returns are filed online to avoid the annual nightmare of returns being lost in the post!

This is a guest post covering top 5 tips to avoid year-end tax chaos from Emerald Raynott, who runs Cogneesol. She is described as a blogger, geek, sports enthusiast and behind Cogneesol.

A Simple Solution - Outsource Tax Returns and get your final report

A self-managed super fund (SMSF) is a superannuation trust. This trust provides benefits to all retired persons. SMSF is established to offer financial benefits to retired members and beneficiaries. It is therefore very important to outsource a company that will help to manage all your accounts efficiently. Their experts will prepare outstanding paperwork. Benefits of a self-managed superannuation fund are - shorturl.at/fiknN

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