Most people are wary about their annual tax return, as it can be a confusing, complicated stressful process. Simple mistakes on tax returns leads to lost time and lost income for a lot of UK taxpayers. Our personal tax service at Fast Formation can make life easier by eliminating the tedious and time consuming chore of doing personal tax returns on your own. We draw from our pool of experienced UK tax accountants to handle tax returns of individuals from all backgrounds and every income level.

Available for working individuals and corporate clients, our personal tax service aims to relieve you of the paperwork involved in completing self-assessment forms and assessing your tax demands. Our tax professionals also act in an advisory capacity, offering ways in which you can reduce your personal tax burden.

A large number of taxpayers in the UK depend on high-street accountants for their tax returns, where they are expected to pay extortionate fees in return for a rushed, impersonal service. Unlike the retail financial service industry, our personal tax advisers at Fast Formation excel in giving clear and practical tax advice that minimises your tax liability while meeting all obligations to HM Revenue & Customs. We offer a fast, efficient, cost effective, and more importantly, a personalised service geared towards your individual needs.

Corporate clients cannot afford to ignore personal tax-returns; limited private companies, holding companies and public companies are taxed under corporate tax legislation, but sole proprietors and business partnerships fall under self assessment rules. In such cases we not only handle your self-assessed tax return but make sure you claim back all your business-related expenses. These include:

• Business petrol mileage tax rebates and travel refunds.
• Rent paid on business property.
• Tax rebates on money spent on uniforms and work wear.
• Office expenses.
• Rebates on tax paid on tools and mechanics.
• Work-related insurance
• Expenses tax refunds

While each rebate may seem trivial when taken on its own, as a whole they can represent significant savings on your tax bill.

As an added bonus, our tax experts at Fast Formation can save you a great deal of aggravation by handling all correspondence with the appropriate department at HM Revenue & Customs on your behalf. We are also more than happy to clear any doubts or queries you might have regarding your personal tax filings; unlike high street accountants we emphasise clarity and simplicity when filing personal tax returns. We will inform you of any recent changes to UK tax legislation and appraise you of ways it can affect your personal tax situation. It is our policy to ensure that all our clients are aware of what is going on at every step of the way and are not caught off guard.

Whatever your individual requirements, our accounting team at Fast Formation is available to meet your needs. We have the knowledge and real world experience needed to provide a comprehensive personal tax return service, at minimum cost to you.