Taxwizer

Taxwizer Friendly,jargon free and practical tax advice for small business owners & private clients.

Initially we offer you an online meeting or telephone session to discuss your tax based concerns or queries. Our first 30 minute ‘fact finding’ consultation is for you to explain in which areas of your taxes you would like some help or advice. If you would then like us to assist you further, to work with you on moving forward with your concerns, we can then make plans with you about the best way to achieve a successful outcome.

🎉We’re back with another   from Steve at Taxwizer!🤔 You’ve filed (or plan to file) a Self Assessment Tax Return but also...
10/05/2025

🎉We’re back with another from Steve at Taxwizer!

🤔 You’ve filed (or plan to file) a Self Assessment Tax Return but also receive a ‘Simple Assessment’ from the PAYE section of HMRC .. So what do you do?

🗓️ Firstly, check to see if for that tax year, you had to file a Self Assessment return or you have already filed one.

✔️ If YES, HMRC must be told to cancel the Simple Assessment.

❌ If NO, you need to check the Simple Assessment for correct entries and appeal in writing if it's wrong, which will usually need to be within 60 days.

😣Unfortunately, problems can arise because the PAYE and Self Assessment systems of HMRC are not always properly linked

Keep an eye out for more FREE fantastic top tax tips coming your way …

🐣Hope you are all having a chilled, very happy Easter🥰Thank you for your continuing support, follows, likes and comments...
20/04/2025

🐣Hope you are all having a chilled, very happy Easter

🥰Thank you for your continuing support, follows, likes and comments

👀Keep an eye out next week for some more fantastic from Steve ..

Guess what?! We’re back! 🎉We’ve been extremely busy behind the scenes , working with our wonderful clients and helping t...
12/04/2025

Guess what?! We’re back! 🎉

We’ve been extremely busy behind the scenes , working with our wonderful clients and helping them with their taxes - doing what we love to do best!

What better way to return than to have a go at the latest trend of creating our very own - here’s the lovely Steve from Taxwizer - isn’t he great 😊

Have you had a go at your own action figure? We’d love to see it in the comments below 👇🏼

Keep an eye on our page for lots more FREE from the main man himself coming soon ..

🎉Happy New Year to you all!As many of you know , January is always our busiest time of the year! We just wanted to thank...
12/01/2025

🎉Happy New Year to you all!

As many of you know , January is always our busiest time of the year!

We just wanted to thank you for your patience whilst we work hard through the month to ensure our clients have all of their tax returns sorted in good time

Keep an eye on our page for lots more from Steve at Taxwizer in the coming months..

🎄Wishing all of our clients, followers and likers a very Merry Christmas Thank you for your continued support, we really...
23/12/2024

🎄Wishing all of our clients, followers and likers a very Merry Christmas

Thank you for your continued support, we really appreciate it!

Here’s to a fantastic New Year 2025 🥳

  🤔 Have you sold some shares and made a capital loss on them? 🤷🏽‍♂️ If you don’t do a tax return , do you need to do an...
28/11/2024



🤔 Have you sold some shares and made a capital loss on them?

🤷🏽‍♂️ If you don’t do a tax return , do you need to do anything ?

✅ The simple answer is YES, if you want to claim those losses against future gains.
You should send the details and calculation of your loss to HMRC and say you want to claim capital loss relief.

🗓️ You must do this within 4 years of the end of the tax year when you made a loss- so for example, a loss in 24-25 must be claimed by 5 April 2029.
If you claim like this , you can carry forward the loss indefinitely.
If you don't claim, you can't claim the loss against a future gain made on things such as shares, property and many other types of asset.

👇🏼👇🏼A great top tax tip from Steve at Taxwizer! 🤔What do you need to do to achieve this then? 👉🏼You need to use a paper ...
09/11/2024

👇🏼👇🏼A great top tax tip from Steve at Taxwizer!

🤔What do you need to do to achieve this then?

👉🏼You need to use a paper form P87 plus supporting evidence and send it by post to 👇🏼

Pay As You Earn and Self Assessment
HM Revenue and Customs
BX9 1AS

👉🏼HMRC is now going to check claims before making tax refunds or changing your tax code but is planning to allow online claims sometime between now and April 2025, using your Personal Tax Gateway.

👉🏼If you send in an annual Self Assessment Tax Return, you already can claim expenses through your tax return.
(The P87 method is for people not filing a tax return).

Need help with your taxes or tax return?

📱Contact Steve to arrange a FREE 30 minute consultation to discuss how we can help you

[email protected]

‼️ HOW EXCITING! ‼️We're currently making some changes to our website www.taxwizer.co.uk so at the moment this isn't ava...
30/10/2024

‼️ HOW EXCITING! ‼️

We're currently making some changes to our website www.taxwizer.co.uk so at the moment this isn't available but we'll tell you later here when it is.

Check our pages regularly for tax updates including the October 2024 Budget.

[email protected]

******er

😱 It’s that time of year again …  🤔 If your tax return is causing you concern, why not get us to do it for you? ✅ Let us...
10/10/2024

😱 It’s that time of year again …

🤔 If your tax return is causing you concern, why not get us to do it for you?

✅ Let us help you get it done and out of the way so that you can concentrate on your business - simple!

👍🏼 Contact us to arrange a 30 minute fact finding consultation to find out how we can help you !

👉🏼Contact Steve on [email protected]

  ‼️SCAM ALERT!🤔Have you received an odd looking letter via email from HMRC that you weren’t expecting ?👎A letter that a...
25/09/2024



‼️SCAM ALERT!

🤔Have you received an odd looking letter via email from HMRC that you weren’t expecting ?

👎A letter that asks the recipient to verify financial information with HMRC has NOT been issued by HMRC, and is fraudulent.

A letter has been sent out to many people which has been pretending to be from “Individual and Small Business Compliance” at HMRC.
It states that, in response to a recent government initiative, the recipient of the letter should send certain documents to HMRC by email.
The documents include the business’ bank statements, accounts and VAT return, and a copy of the driving licence for each director.

‼️UNDER NO CIRCUMSTANCES should you do any of this and you should not reply to the email address.

👍🏼HMRC never asks for confidential information by email and in fact, rarely uses email anyway.

👉🏼Here is a link to report anything suspicious to HMRC - always be on your guard....

https://www.gov.uk/government/organisations/hm-revenue-customs/contact/reporting-fraudulent-emails

If you need help or advice about your taxes, contact us today to arrange a free 30 minute consultation to find out how we can help you

Contact - [email protected]

Address

Eastleigh
SO50

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm

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