Service Plans
The RapidTax service has been specifically designed for three key types of taxpayer.
The BASIC Return
Our basic service is for anyone that meets the following criteria:
- Their main source of income is from employment or pensions.
- They may have some investments in shares, but only 5 companies at most.
- They may rent a room in their property, but do not have an investment property.
We will complete the basic tax return and the appropriate supplementary pages, making claims for expenses etc as available.
You will get:
- A copy of your tax return to keep and a summary of your income.
- A copy of your tax computation showing you how much tax you might owe and when it has to be paid.
- Confirmation of when your Return has been submitted (electronically) and the Revenue’s confirmation of receipt.
- Free telephone support
The INVESTOR
The investor service is for those with a property they rent out or that invest/trade in shares (6 to 12 companies). Of course we will also deal with all your other tax matters such as income from employment, pensions and savings, to ensure your tax affairs are up to date and accurate. In addition to the reports and services you get from the BASIC package, you will also receive, as appropriate:-
- A Rental Income and Expenditure Account, summarising the profit/loss from your rental properties.
- A schedule of the trading in shares and the calculation of the Capital Gains/Losses resulting from that trading.
The SMALL BUSINESS
The Small Business service is designed for those taxpayers that run a small business as a sole trader. The upper limit of turnover/sales to qualify for this service is £60,000 per annum. In addition to completing your Tax Return we will prepare your annual financial statements and give you two sets of accounts for you to keep, give to your bank manager etc. Of course we’ll tell you how much tax to pay and by when to help you plan your cashflow.
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