G. FOXWELL & CO logo
PARTNERS:                          
Rebecca. A. Foxwell, FCA, MAAT
Rachael . L. Johnson, FCA, MAAT
Personal Accounting

Personal Accounting

Ask us about our document collection service. 

Property rental income

The way tax is calculated on property rental income depends on your situation, for example, residential property letting, letting as a holiday home, owning a foreign property or commercial property letting and calculating the tax liability can be a time-consuming and complicated process. We offer an efficient service, which includes:

Advising on appropriate record retention;
Calculating your tax liability;
Advising on the wear and tear allowance, holiday lets or timing of property sale.
tax being calculated

Personal tax planning

The ever-changing tax regime is increasing in complexity, and more emphasis is being placed on the taxpayer to accurately calculate and pay their tax liability.

We have in-depth experience of working with a range of taxpayer demographics, from students to pensioners. We can provide assistance and guidance on a number of tax issues, including:

Claiming of all tax allowances, e.g. subscriptions and mileage allowances;
Capital gains tax;
Inheritance tax;
Benefits in kind;
Representation in HMRC investigations.
self-assessment in progress

Self-assessment

A self-assessment tax return can be a time-consuming and complicated task. Individuals are often penalised for missed deadlines, incorrect figures and missing records. We offer a comprehensive self-assessment service, which includes:

Calculating tax liability;
Completing and filing tax return;
Advising on payment methods;
Advising on appropriate record retention;
Advising on available tax breaks and allowances;
Representation in HMRC investigations.
We have a one-to-one relationship with each of our clients. We are able to offer personalised advice and guidance on improving your finances. We specialise in self-assessment tax returns, personal accounts and cloud-based bookkeeping services. Located in Blaenau Gwent, we also serve clients in Cardiff. To learn more about our services, contact our staff today.
Contact
Call G. Foxwell & Co Chartered Accountants on
01495 302 404 for excellent personal tax planning in Blaenau Gwent or Cardiff
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