Wondering if you can claim a tax refund or need to submit a tax return? Use our online tools to find out if you're owed money by HMRC.
RIFT Tax Return Service - Your local tax return accountants
RIFT's self assessment tax return service is custom-built to take the stress, complexity and guesswork out of preparing and filing your tax returns. For a single fixed fee, we can handle every stage of the process, from getting you registered for the system to submitting your returns online. Because we can become your “official agent” with HMRC, you'll never have to deal with the taxman yourself. Our tax return specialists are world-class experts, so you'll never miss a deadline or any tax relief you're entitled to.Self-Employed Tax Calculator
Tax Return Service
Why choose RIFT over an accountant?
The RIFT tax return service goes a lot further than other, less specialised accountants. All in one package, we can:
- Handle all your employment income, pensions, benefits and expenses.
- Deal with all your Self Assessment questions and problems.
- Complete your tax return.
- Calculate your tax position and keep you updated.
- Send you a full copy of your return for your records.
- File your tax return online with HMRC.
- Deal with HMRC on your behalf.
- Tackle all your tax queries, however big or small.
RIFT are the UK's leading tax experts, and the only tax company ever to earn the ServiceMark award from the institute of customer service. We stand behind our work, and we stand by our customers. We don't believe in the ''one-size-fits-all'' service of traditional accountants. Everything we do is built around your specific situation and needs. As they develop and change, so do we.Self-Employed Tax Calculator
Tax Return Fees
How much do tax return services cost?
Our fixed-rate prices start at just £95+VAT, and our free Tax Return Calculator means you get no nasty surprises. Just answer a few questions and we'll give you a simple fixed-fee tax return quote. Click on the green button below to get started.
By contrast traditional accountants can vary quite a lot in how much they charge for tax returns. Many charge by the hour, while others pack their services with hidden extras to bulk up the cost.
A lot depends on your situation. For instance, here are a few typical fees we've seen advertised:
- CIS subcontractors with simple accounts: £250
- Sole trader with full accounts: £350
- Partnership: £400+
- Limited Company: £650+
- Hourly rates: £120+ per hour.
The RIFT service is different. We've got no hourly rates to wrestle with and no hidden charges to spring on you to make it easier for you to know what you’ll be spending before you start.
Better yet, we go a lot further than a traditional accountant. We don't just fire off your tax return and forget about you. For no additional fee, we're there for you all year round to handle all your tax questions and solve all your tax problems. It's all part of the service.Self-Employed Tax Calculator
What is self assessment?
What is a self assessment tax return?
Self assessment tax returns are used by HMRC to work out how much UK taxpayers owe. They're different from the Pay As You Earn (PAYE) system, because the tax isn't taken from your pay before you get it. Instead, you file a tax return each year to declare your earnings, work expenses and other information. HMRC then uses your return to calculate the tax you have to pay.
Self Assessment can be a complicated system to get to grips with. There are a lot of ways to go wrong with it and end up paying too much tax. Worse still, you can get into a lot of trouble if you don't know the system well. There are strict deadlines, for example, with automatic penalties for missing them.Self-Employed Tax Calculator
Do I need to file a tax return?
Who needs to file self assessment tax returns?
Self Assessment is used when your income isn't taxed via PAYE. A lot of the time, this means self-employed people. However, there are many more reasons why HMRC might ask you for a tax return, even if you're already paying some PAYE tax. For example:
- If you're a company director or a partner in a business.
- If you're getting income of £2,500 or more that isn't already being taxed – from rent, for example.
- If you're on a high income and receive Child Benefit.
- If you're claiming a tax refund and have expenses over £2,500 to declare.
- If you've got share dividend income of over £10,000.
- If you've got money coming in from abroad, or lived overseas with a UK income.
- If you're working in construction under CIS and need to claim back some of the cash taken from your pay.
Often, people don't even realise they need to submit tax returns until HMRC starts demanding them. If you get a request for a Self Assessment return from the taxman, never ignore it. Even if you're sure it must be a mistake, you still need to act. A quick email or phone call to RIFT is all it takes to find out what the score is. What's more, our tax return service can even take care of the whole thing for you. We'll save you money and protect you from HMRC fines and penalties, all as part of the service.Self-Employed Tax Calculator
Tax Return Services
Why do I need to use a tax return service? Can't I do it all myself?
A lot of people, mainly those with very simple accounts to file, do decide to go it alone. The RIFT tax return service is for people who don't have time to become tax experts themselves. In the 2016/17 tax year, HMRC fined an incredible 840,000 people for missing the 31st of January online filing deadline. Many thousands more ended up paying the wrong amount of tax, simply because they didn't have the expertise needed to make the most of Self Assessment.
Keep in mind that, when it comes to tax, paying too little can be as bad as paying too much. In fact, if HMRC decides you're not being careful or thorough enough with your tax returns, things can get very grim indeed. Worse still is when the taxman decides you've gone beyond simple carelessness and into deliberate fraud. Having an expert, professional eye on your tax situation is the best possible way to keep you out of trouble.Self-Employed Tax Calculator
File my tax return
What should I do next?
Below is our free online tax return calculator - your first step towards putting RIFT on your team. Just answer a few questions and we'll let you know if you need to file a self assessment tax return. We'll also give you a quote to take care of the whole thing for you.
If you have questions or want to hear more about how we can help, feel free to get in touch by phone or email.
Tax Return Mistakes
Help! I've made a mistake on my tax return
First off, don't panic. These things happen from time to time and HMRC understands that. However, as soon as you realise there's a problem you need to get cracking and fix it. A self assessment tax return can be amended for up to 12 months after the normal filing date (31st of January). If you let that self assessment deadline pass without correcting the mistake, things can get dicey for you fast.
The penalties you'll face depend on how bad the mistake was, and how honest they think you've been about it. In general, an honest mistake that you fix quickly won't be punished. However, if you delay or make HMRC think you're hiding something, you'll definitely wish you'd got it right the first time.
If you file your tax returns online, then the process for correcting them is pretty simple. You just log in, select the return you need to change and sort it out. If you file on paper you'll need to download another copy of the form and send in the corrected pages.
The main thing to remember is that you never have to go it alone. RIFT Refunds are the UK's top tax experts, and we're always ready to help. We've been sorting out people's tax worries and refunds since 1999 and we're the best in the business. Just phone 01233 628648 or contact us to see how our tax return service can help you.
Get a free tax return quote
Answer these simple questions to get started. Get a free quote and we can take care of everything for you.
Need more help?
Speak to us 6 days a week.
Mon-Thurs 08:30 - 20:30
Fri 08:30 - 18:00 and Sat 09:00 - 13:00.
RIFT Refunds, The Cobalt Building, 1600 Eureka Park, Lower Pemberton, Ashford, Kent, TN25 4BF
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