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Income Tax Consultants | UK Income Taxation Specialists

Income Tax in the United Kingdom

In order to meet our daily living needs, we need a stable source of income. Many of us work very hard on a daily basis and are able to secure a stable source of income; however, at the end of the month, we need to give a part of our income to the government through income taxes. Income tax is the tax that is paid on certain types of income. In the United Kingdome, most people get what is known as a personal allowance of tax-free income. This means that they must earn a certain amount of income before they need to start paying taxes on it. It is also possible that income taxes are reduced by what is known as tax reliefs. However, most of us do not know what are considered tax reliefs and as a result, we end up paying more taxes than what we have to. There are also certain Government help in place which are designed to specifically help the self-employed where income taxes are concerned. However, those of us who do not know or understand the regulations pertaining to income taxes in the United Kingdom cannot use these factors in our benefit. Many of us are not trained in tax law. It is therefore advisable to hire an income tax consultant who has the expertise and knowledge needed to help you calculate the right amount and to help you with the filing. 

Choosing an Income Tax Consultant

Choosing an income tax consultant can be an overwhelming tasks for many. There are so many things that need to be taken into consideration to help you to determine the best consultant for you. It is very important that you hire your tax consultant in advance so that you can have sufficient time to make an educated choice. Do not wait until the deadline for filing is upon you because you will have to make a hasty decision and might end up making the wrong choice.

Below are three simple steps that will definitely help you in choosing a good tax consultant.

Evaluate Your Situation

It is important to understand your current situation and needs so that you can determine which type of consultant will best meet your needs. If you do not have sufficient knowledge on income taxes, do some research to at least understand the basics so that you can better evaluate your situation. After evaluating your situation and knowing where you stand, you can proceed to the next step.

Interview Potential Consultants

Potential tax consultants in the United Kingdom can be easily found online or though recommendations from family and friends. Recommended consultants are always a better option when compared to online consultants. You will need to conduct an interview with potential consultants. During this interview, you should focus on certain key aspects such as: experience qualification availability price terms and conditions. During this interview, you should also try to find out how the consultant can help you to save money. Is the consultant aware of the different legal methods that are available to help you pay less taxes? For example, the UK government has recently announced further reforms to the taxation of pensions which should make it possible to have £41,850 a year without paying tax. Is the consultant aware of this? Will he be able to explain How to have 41,850 a year without paying tax?

Some questions to take into consideration when hiring a tax consultant in the United Kingdom are:

Are the areas in which they have expertise relevant to you?

Do they have sufficient years of tax experience?

Are they licensed? Which licenses do they have?

How much will they charge you?

How many of their clients have they retained?

What do those clients have to say about their tax services and advice?

Make the Decision

In order to make the right choice, you will need to make sure that you compare your situation with the qualities of the consultant. Some final things to consider when making your decision are:

  Choose a consultant that you feel that you can build a relationship with because income tax is recurring so it would be wise to work with the same consultant.


Availability is also important especially if your tax situation is complex and goes beyond just preparing and filing. 
When considering the costs, be mindful that an educated and helpful consultant will be more expensive than others. However, it does not make a lot of sense to pay a lot to a consultant who cannot help you to file your taxes efficiently and as cost effective as possible.  

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I am very pleased with the work done by Effective Tax Strategies. They have dealt with my taxes in the most efficient manner. The advisers that I worked with were very helpful and friendly. Great Job!
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Effective Tax Strategies was recommended to our company by one of our partners to assist us with our taxes. I am very glad that we chose to work with them. Their detailed and acurate advice and their display of comprehensive and thorough tax knowledge was exactly what we were looking for.  
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