- Our goal is to minimise your tax liability while ensuring compliance with all legal requirements-
Wonder TAX make tax filing and financial management effortless. Our certified tax advisors specialise in handling personal and business tax returns across the UK, including complex cases, for individuals, freelancers, small business owners, and corporations.
WonderTax simplify tax filing, managing all the paperwork, ensuring HMRC compliance, and handling submissions—so you can focus on what truly matters.
Whether you’re a sole trader, limited company director, or high-net-worth individual, our team goes beyond number crunching. We act as strategic advisors, identifying deductions, exemptions, and planning opportunities to maximise savings while securing your financial future.
WonderTax simplify tax filing with our online platform, manage compliance with HMRC, and provide expert advice to maximise savings while ensuring your financial future is secure. Whether you're a sole trader, director, or high-net-worth individual, we’re here to minimise your tax liability and keep you fully compliant.
Personal
Tax Returns
When are personal tax returns due in th ?
Self-assessment tax returns are due on the 31st of January after the tax year in question, so the 2022-23 tax year (ending March 23) will be due on the 31st of January 2024.
You can choose to report any capital gains in your self-assessment tax return or, alternatively, use HMRC’s ‘real-time’ service to report your gains more promptly.
With regards to inheritance tax, it must be paid within 6 months of the person passing away.
Tax Return -
Sole trader
As a sole trader, there is no legal separation between you and your business, meaning your personal and business tax returns are combined into a single submission.
At WonderTax UK, we adopt a comprehensive approach to tax planning, going far beyond the figures. We hold regular tax meetings with you throughout the year to maximise the profitability of your sole trader business while ensuring full compliance with regulations.
With us, you can feel confident knowing you have a business-focused personal tax adviser who genuinely cares about your success and future.
Personal tax and your limited company
WonderTax UK offers tailored advice to help you extract profits from your limited company efficiently.
We consider your personal tax situation to identify the best strategies.
For example, you can lend money to your company and earn interest on repayments or rent personal assets back to the business.
As a company director, you may also contribute up to £60,000 of company profits into your pension without tax liability. When accessing your pension, 25% is usually tax-free, with the remainder taxed at your income tax rate but exempt from National Insurance.
Expertise in Tax and Strategic Business Advisory
Our role extends beyond being just accountants; we also serve as skilled tax accountants and strategic business advisors for local companies.
By taking the time to fully understand your business and the unique challenges it encounters, we're able to offer insightful recommendations that contribute to propelling your business towards greater success.
WHY WONDER TAX ?
Our personalised Tax Services
Think of personal tax advice as an investment, not a cost. As with the assistance of an experienced, commercially-focussed accountants, you can potentially save £££ over the years.
Income Tax
We'll make sure you pay the minimum amount of Income Tax possible. This means claiming all allowable expenses and reliefs. We'll handle your Self-Assessment tax return, freeing up your time for family or business.
Capital Gains Tax
Capital Gains Tax rules are complicated. Our expert advice will help you navigate them and minimise your tax bill. We'll develop tax-efficient strategies for selling assets like property, investments, or businesses.
Inheritance Tax Inheritance Tax can be complex. Our team, with the help of external advisors, will help you plan your estate to minimise your tax liability.
Landlord Tax
As landlords ourselves, we understand the unique tax challenges you face. We'll help you grow your property portfolio while minimising your tax burden. With over 30 years of experience, we're well-placed to advise you on your property investments.
Get expert tax advice from WonderTax Accountants today -
0203 411 0979