Accounts & Tax Returns – Action Required
WE NEED YOUR ACCOUNTS RECORDS AND PERSONAL TAX INFORMATION
We are currently in the process of contacting clients to obtain the information required to process your accounting records and personal tax information for your 2024/25 tax return.
To assist us in managing increased workflow, and help us process your return as quickly and efficiently as possible there are a number of key dates to be aware of –
BUSINESS CLIENTS WITH MARCH & APRIL YEARS-ENDS:
- Please submit your accounting records a.s.a.p.
If it helps, we can arrange collection at a mutually convenient time if there are any challenges in bringing them into either the Berwick or Haddington offices.
PERSONAL TAX RETURN:
You will receive a letter or email on, or around 17 April detailing what information we need to enable completion of your personal tax return.
- Tax Only clients (no business accounts):
Submit your tax return information by 31 May 2025. Even if you do not have all the information, e.g. tax reports from your broker, please send us as much as you can.
- Tax Clients with Business Accounts –
Submit your personal tax return information by 30 June 2025.
As well as assisting us with our workflow, there are benefits to you too if we can complete your accounts and tax returns sooner:
- You will get an early warning of your tax position well in advance of the tax payment deadline.
- It will allow any tax repayment to be released to you quicker.
Should there be any issues with providing the records or tax return information, please contact us as soon as possible so that we can work with you and assist you in providing us with the information we need.
