Tax Agent
An individual or business that acts as your representative while dealing with the HMRC is called a tax agent. Simply put, you’re giving them permission to talk to the HMRC about your case. You might, in theory, name a trusted friend or family member as your tax agent. When people are too sick or otherwise unable to deal with HMRC on their own, they may turn to a third party for help. On the other hand, most people rely on experts when it comes to securing tax refunds and filing Self Assessment returns.
You may, of course, try to get by without an agent at all costs if you enjoy dealing with paperwork. However, if you are unfamiliar with HMRC processes, you run the risk of missing out on a refund, being selected for an HMRC inquiry, or becoming bogged down in the Self Assessment process.
Accountants, in a sense, can be thought of as the “Family Doctors” of the business world. Their versatility is limited by a lot of specialisation. The smallest of details can have a huge impact when dealing with complicated topics like tax returns and CIS refunds. Many conventional accountants, for instance, lack the building sector expertise necessary to efficiently process a client’s tax refund. This might cause you to lose out on compensation that is rightfully yours or, worse, to file a claim for something to which you are not entitled. Tax Accountant, the UK’s specialist tax specialists, offers dedicated teams to handle any and all facets of your tax returns and refunds. We pay attention to the smallest of details, and we’ll never try to get you to pay for anything you’re not owed.
If you need help with tax compliance, please call our accountants for advice.