Tax Return Review
If you’re submitting your tax return yourself this year, get your return checked, reviewed and verified by the experts at Sprout to avoid any hefty fines or errors!
EXPERT ACCOUNTANCY SERVICES
Get the Sprout seal of approval.
Filing your tax return yourself this year? Worried about making a mistake and landing a hefty fine? Wondering whether you’re paying too much tax?
Then the tax return review service is for you! Get your tax return checked, reviewed and verified by an expert here at Sprout before you submit!
from £89
UK TAX EXPLAINED. NO FLUFF. NO JARGON.
Tax Returns Explained.
What is a tax return?
A tax return is essentially a form which must be submitted to HMRC (the UK government’s tax department). In this form you must declare your income, expenditure and personal circumstances. You must then submit a series of taxes based on your income threshold and other considerations.
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Do I need to submit a tax return?
Filing a tax return is a legal requirement in the UK for anyone that:
• is self-employed
• has a business partnership
• has rental income
• has income over £100k
• is a company director
• has investment income
• has any other form of untaxed income
If you meet ANY of these requirements, you must submit a return!
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Why hire an accountant?
One of the biggest questions people ask is: can I file my return myself? The short answer is…yes! However, like with everything in life, you get what you pay for! Accountants are experts and filing a tax return really is an art! Paying for an expert to file your return will guarantee you get it right (no hefty fines for inaccurate submissions!) On top of that, Sprout could save you thousands by knowing exactly what to claim for and what to submit. Don’t be paying more tax than you need to!
If you are filing your tax return yourself, it is highly recommended to get it reviewed and checked by us first!
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When do I need to submit my form?
The tax year runs from the 6th April to the 5th April (the following year). So this means, as soon as the 5th April has passed, you can file your tax return for that previous year!
However, most people are more familiar with the tax return deadline! The deadline is the 31st Jan, hence why everyone rushes to submit their return in January! However, there is no need to leave it until the last minute and at Sprout we highly recommend early submission to allow you to tax plan and pay via monthly direct debit with us!
THE BEST INVESTMENT YOU CAN MAKE
A highly quality accountant pays for itself.
At Sprout we regularly save our clients tens of thousands in tax by knowing EXACTLY what to claim, how to claim it and how to take full advantage of the relevant government schemes and initiatives.
We are experts at what we do and at the top of our game when it comes to industry knowledge and updates. Our fees pay for themselves!
ACCOUNTANCY DONE DIFFERENTLY
Why Sprout?
Hey there, I’m Tom, the founder of Sprout Accountancy! At Sprout we beleive in doing things differently.
Ever had the experience of talking to an accountant and feeling like they’re speaking a different language? Yeh, we don’t like that either! At Sprout we are passionate about taking out the jargon and explaining the tax system in an easy and simple way that makes it accessible to everyone! You deserve to know what’s going on in your business and have crystal clear clarity! We beleive in empowering our clients and bringing them on board with the process!
We aren’t the type of accountants that sit in a stuffy office and sign a tax return for you once a year! We are a global online brand that is dynamic, modern and expert led!
After working chartered practises for over 17 years, Tom left employment to create a new online accountancy firm with the aim of modernising out-dated practises and providing a high-quality customer service where clients feel valued, included and most importantly, they understand what tax they are paying and why!
COMPETITIVE PRICES & OUTSTANDING SERVICE
Read dozens of 5 star reviews.
Lewis @lewisgardner1996
“Tom has really helped me gain an understanding of how to file my taxes! I am self-employed and get dual-taxed (in the US and in the UK) and had no idea where to start! I outlined my earnings and gave Tom the information he needed and he managed to file it perfectly within a very minimal time frame. Heavily recommend and a great guy too!”
Lauren @blushboutiquebucks
“Can’t thank Tom enough for making a very stressful job seem so much easier!
Whenever it comes to filing my tax return, I don’t have that dreaded feeling anymore. He explains everything so clearly and is always at the other end of the phone to answer any questions I have! I’m sure I’d be a confused mess if it wasn’t for Tom’s services, so thank you! 100% recommend!”
Maya @grade9academy
“Tom is an expert when it comes to business and finance, his coaching and financial services are outstanding. He knows the UK tax system inside and out and knows exactly how to make the most of it, tax plan and grow!”
Becs @beingsbecs
“Working with Tom has been such a weight lifted off my shoulders! I have never fully understood all the ins and outs when it comes to tax but he always makes the process so easy and carefree! Whenever it comes to filing my accounts I know that my business is in good hands and everything is taken care of!
Tom also explains the process to me in a super easy way to understand and is very patient! I would 100% recommend his services!”
Simon @symoan
“I sourced tax and business advice from Tom. I honestly couldn’t ask for more! He explained everything clearly with no jargon. He explained the tax implications of each business structure and which would be more beneficial for my personal circumstances. Great service!”
Jim @RPCplumbing
“Tom is able to explain and translate the tax system in a simple and easy to understand way taking out the jargon. He gives us crystal clear clarity on what we need to do, what we need to pay and how to plan for the future to make the most of the tax system and savings!”
Lisa @lisapatonxo
“I’ve used Tom since I first became self-employed for my taxes and he has been so helpful! He explained exactly how the process works, what he needed from me and then sorted everything out for me with ease and efficiency. Would recommend him to anyone not knowing where to start with tax!”
Steve @steveroberts
“Tom is so efficient and helpful when it comes to filing my tax return. His tax knowledge is amazing and is always on hand to answer any questions I have. Highly recommend his services for anyone needing accountancy or tax services.”
Eddie @holehouseplumbing
“Tom is really helpful when it comes to tax and finance. He has provided me with outstanding business and finance coaching over the last few years and always advised me how to allocate my finances and tax plan for maximum savings and efficiency.
He is an expert at what he does and our company has complete trust in him as a coach and financial director!”
UNDERSTAND WHAT YOU’RE PAYING
Personal Tax Explained.
There are two main types of tax in the UK: income tax and national insurance!
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Income Tax
This is the tax you must pay to the government based on your income. This begins at 20% and increases depending on your income bracket.
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National Insurance
This is the tax you must pay to contribute to public services such as free healthcare and education within the country. This begins at 9% and actually decreases the more you earn!
Frequently Asked Questions
Can I file my tax return myself?
The short answer is yes! However, like everything in life, you get what you pay for! That is why we highly recommend hiring an accountant! Accountants are experts at what they do and they can save you thousands by making the most of the tax system. You don’t want to be paying more tax than you need to! A good quality accountant pays for itself…and more! It is an incredible investment! If you are intent on filing your return yourself, we highly recommend using our tax return review service to make sure you haven’t made any errors which will results in fines!
When is the tax return deadline?
The tax return deadline is the 31st January every year however we strongly recommend filing your tax return wayyyy before that! When you submit your return early, it allows you to tax plan and save for your payment! Be proactive!
Am I paying too much tax?
Most people worry that they are paying too much tax and the truth is…most people are! The UK government has a range of schemes and initiatives which allows people to save tax. Accountants know all of these inside and out, they know what you can claim for and what you can’t, they know what initiatives and options are out there! On the other hand, if you have an accountant and you STILL think you’re paying too much tax, it may be because your accountant is inefficient or isn’t explaining the process to you clearly enough! At Sprout we are all about transparency and efficiency so get in touch with us today and see what you could save!
Do I have to pay my tax bill all in one go?
No. There are a range of options that the government provides. If you work with a high quality accountant like Sprout, we can outline all these options for you and help you choose the best plan!
What is the difference between a £100 accountant and a £365 accountant?
Like with everything in life, there are budget options and premium options but like with everything…you get what you pay for! When you pay for a high quality premium accountant, you usually save money! On average Sprout saves each client tens of thousands of pounds a year in tax! We are experts at what we do and we are at the top of our game when it comes to tax and industry updates! That extra few hundred pounds for a premium accountant can pay for itself and more! Investing in a high quality accountant is one of the best investments you will ever make!
Can I file my return early?
Yes of course and we HIGHLY recommend this! You can file your return from the 6th April every year (for that previous tax year), so why wait until the deadline on the 31st Jan? At Sprout we highly recommend submitting your return early as this will allow you to tax plan ahead of time meaning you can take advantage of more government schemes and initiatives, rather than rushing last minute and paying more than you need to!
SUBMIT YOUR FORM EARLY & TAKE THE STRESS AWAY
Get in touch today.
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