Personal Tax – Individuals
Schedule of Services
1. Recurring Compliance Work
1.1. We will prepare your self-assessment tax returns together with any supplementary
pages required from the information and explanations that you provide to us. After
obtaining your evidenced approval, we will submit your returns to HM Revenue &
Customs (HMRC).
1.2. If applicable, we will compute your sole trade or property letting income and expenditure
from the books, accounting records and other information and explanations provided to
us by you or by others on your behalf.
1.3. We will calculate your income tax, national insurance contributions (NIC) and any
capital gains tax liabilities to be included on your self-assessment return and tell you
how much you should pay and when. We will advise on the interest and penalty
implications if tax or NIC is paid late. We will also check HMRC’s calculation of your tax
and NIC liabilities and initiate repayment claims if tax or NIC have been overpaid.
1.4. We will advise you on possible tax-return-related claims and elections arising from
information supplied by you, other than as regards tax credits and universal credit (see
below). If instructed by you, we will make such claims and elections in the form and
manner required by HMRC.
1.5. We will review PAYE notices of coding provided to us and advise accordingly.
1.6. There is an in-year capital gains tax (CGT) reporting and payment requirement for
disposals of UK residential property and, if you are non-UK resident, UK non-residential
property and investments in property-rich entities. Where instructed and subject to a
separate fee, we will prepare the in-year return for each disposal, calculate the CGT due
and submit the return to HMRC. (Note: as returns must be submitted within 60 days of
sale completion, please see para 4.1).
2. Excluded, Ad Hoc And Advisory Work
2.1. The scope of our services provided to you will be only as set out above and all other
services which we may offer are excluded. If you instruct us to do so, we will provide
such other taxation, ad hoc and advisory services as may be agreed between us from
time to time. These may be the subject of a separate engagement letter at our option.
Where appropriate, we will agree with you a separate fee for any such work you instruct
us to undertake. Examples of such work that you may wish to instruct us to undertake
include:
- Advising on the extraction of cash/dividends from your personal service company if
you have been treated as a deemed employee under the IR35/off-payroll working
rules; - Advising on preparing business accounts on the cash basis and/or property letting
income and expenditure computations on the accruals basis and helping you to
make the requisite election(s); - Advising on making tax digital for income tax self-assessment (MTD ITSA) which will
require digital accounting records and the submission of quarterly updates and
annual returns to HMRC using compatible software. MTD ITSA will be mandatory from
6 April 2026 for income from self-employment and property; - Advising on the in-year capital gains tax (CGT) reporting requirements on disposals of
UK residential property, and, if you are non-UK resident, UK non-residential property
and investments in property-rich entities, preparing the in-year return and calculating
the CGT due where required and submitting the return to HMRC; - Advising on ad hoc transactions (for example pre-sale advice on the sale of assets);
- Inheritance Tax advice;
- Advising on whether trusts – including any non-taxable trusts – should be registered
on HMRC’s trust registration service; - Dealing with any enquiry opened into your tax return by HMRC;
- Preparing any amended returns which may be required and corresponding with
HMRC as necessary.
2.2. If specialist advice is required, we may need to seek this from, or refer you to, appropriate
specialists.
3. Changes in the law, in practice or in public policy
3.1. We will not accept responsibility if you act on advice given by us on an earlier occasion
without first confirming with us that the advice is still valid in the light of any change in
the law, practice, public policy or in your circumstances.
3.2. We will accept no liability for losses arising from changes in the law (or the
interpretation thereof), practice or public policy that are first published after the date
on which the advice is given.
4. Your responsibilities
4.1. You are legally responsible for:
- Ensuring that your self-assessment tax and CGT on UK property returns are correct
and complete; - Filing any returns by the due date;
- Paying tax on time.
Failure to do any of the above may lead to penalties and/or interest.
4.2. Legal responsibility for approval of the return cannot be delegated to others. You agree
to check that returns that we have prepared for you are correct and complete before
approving them.
4.3. You are no less responsible for errors in unapproved returns, submitted on the basis of
the information provided to and processed by us, than if you had confirmed your
approval of the returns.
4.4. To enable us to carry out our work, you agree:
a) That all returns are to be made on the basis of full disclosure of all sources of income,
charges, allowances and capital transactions;
b) To provide all information necessary for dealing with your affairs; we will rely on the
information and documents being true, correct and complete and will not audit the
information or those documents;#
c) To provide full details of all UK residential property disposals including associated
costs/ valuations prior to disposal. Where you consider that you will be non-UK
resident in the tax year of disposal, full details of all UK property disposals, including
disposals of shares in property rich companies, must be advised within 30 days of
exchange of contracts on any property disposal. If information is received after this,
we cannot guarantee that we can provide advice on the amount of capital gains tax
due or submit an in-year return within 60 days after the completion of the disposal;
d) To authorise us to approach such third parties as may be appropriate, for information
that we consider necessary to deal with your affairs;
e) To provide us with information in sufficient time for your tax return to be completed
and submitted by the 31 January following the end of the tax year; to do this, we need
to receive all relevant information by 30 November; if feasible, we may agree to
complete your return within a shorter period but may charge an additional fee of £50
for so doing.
4.5. You will keep us informed of material changes in your circumstances that could affect
your tax liability. If you are unsure whether the change is material, please tell us so that
we can assess its significance.
4.6. You will forward to us HMRC statements of account, copies of notices of assessment,
letters and other communications received from HMRC, in sufficient time to enable us
to deal with them as may be necessary within the statutory time limits. Although HMRC
have the authority to communicate with us when form 64-8 has been submitted, it is
still essential that you let us have copies of any correspondence received, because
HMRC are not obliged to send us copies of all communications issued to you.
You are responsible for employment taxes, pensions (including auto-enrolment) and
the assessment of the employment status of your workers including domestic staff. We
will not be in a position to assist you in complying with your responsibilities if we are
not engaged to provide such a service. We are not responsible for any penalty that is
incurred.
November 2025
TN6 Ltd