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Personal Tax Accountants

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Personal Tax Accountants in the UK

At MJ Kane & Co Accountants we take a very individual approach to our personal tax accountants service. We have a team of dedicated accountants with expertise in all aspects of personal tax who will ensure that your returns are filed accurately and on time, whilst ensuring that you are not paying any unnecessary taxes.

Often individuals don’t realise they are required to complete a self-assessment tax return. If you are a sole-trader or you have an income stream other than a PAYE job you may be required to complete a tax return each financial year.

Self-Assessment will take into account your total income, relevant expenditure and any tax paid during the year to assess whether any tax is due to HMRC. ‘It is important that you calculate this correctly and on time as failure to do so can result in complex amendments and potential fines and penalties.

How our Accountants can help you!

  • Personal Tax Areas We Specialise In

    Our specialist tax team can provide year-round advice on all aspects of your personal tax affairs from the completion of your annual self-assessment tax return to more complex issues involving, for example (but not limited to):

    • succession planning
    • capital gains tax planning
    • inheritance tax planning/wills
    • tax compliance
  • What is the Benefits of a Personal Tax Accountant?

    Sometimes you’ll be a little too close to the puzzle. An independent adviser can take a step back and view the bigger picture, helping you make sense of your situation.

    Your personal tax adviser will be able to advise on a number of important issues, such as:

    • How to maximise the potential of your sole-trade business
    • How best to handle benefits such as company cars and accommodation
    • Whether your rental properties could be structured in a more tax efficient way
    • Whether directors should be paid by salary or dividend
    • How to minimise CGT liability on disposal of assets
    • How to plan for Inheritance tax
    • How to optimise your tax position when living or working abroad
  • What’s Included in Our Personal Tax Accountant Services?

    Self Assessment Tax Returns

    With our income tax return service, we remove the burden of administration from you and ensure that every deadline is met.

    We can handle the whole process from, the production, compliance checks and submission.

    Inheritance Tax

    Our inheritance tax accountant team can advise on arranging your own estate in a tax-efficient manner.

    Capital Gains Tax

    We will make sure that you are claiming all available reliefs and that your tax bill is minimised.

    Bespoke Tax Advice

    In addition to the personal tax advice offered, we also provide a bespoke service to those of our clients wishing to make savings across their entire financial activity.

  • What’s included with Our Self Assessment Accountant Service?
    • Get professional help from a self assessment accountant.
    • Help to claim eligible expenses and tax reliefs
    • Full calculation of your tax bill for you to review and approve
    • Your tax return filed to HMRC
    • Professional record keeping
    • Current or previous tax year filing
  • Personal Tax FAQs

    What do I pay tax on?

    • Money you earn from employment
    • Profits you make if you’re self-employed – including from services you sell through websites or apps
    • Some state benefits
    • Most pensions, including state pensions, company and personal pensions and retirement annuities
    • Rental income (unless you’re a live-in landlord and get less than the rent a room limit)
    • Benefits you get from your job
    • Income from a trust

    When do I pay my income tax?

    The tax year runs from the 6th April to the 5th April the following year.

    The first payment on account for the tax year ending the following 5 April is due on the 31st January.

    If you have a second payment on account due for the tax year ending the previous 5 April it is due for payment on the 31st July.

    It is worth remembering that not everyone has to pay these payments on account.

Why MJ Kane As Your Personal Tax Accountants

Award winning services

8000 plus satisfied clients

100+ years combined industry experience

30+ Countries covered

Fixed Fee Service

Tax efficiency focused

Meet the Team

Meet the Senior Management Team

Michael Kane

Founder | Managing Partner

SME Tax Compliance | Tax Planning | Business Development

FCCA Qualified

MJ Kane

Director | Senior Accountant

SME Tax Compliance | Crypto Taxation Compliance | Business Structuring

ACCA Qualified | BSc Hons Accounting

Jonathon Greenaway

Director | Senior Accountant

SME Tax Compliance | Property Capital Gains | Inheritance Tax

ACCA Qualified | BSc Hons Business Studies

Need help with Accountancy? Call us today: 028 9335 0290

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