Thomas & Co Accounting Services

Personal Tax

Accountants in Greater Manchester

Personal Tax

Need personal tax advice? We can help.

Kieran Glanney
Kieran Glanney
02/05/2024
Since my first meeting with Dan he’s been absolutely spot on, answered all the questions I’ve had and kept everything so smooth and simple for me. Amazing service since day one, can’t fault him or the company
Jon Scriven
Jon Scriven
01/05/2024
Awesome service, always at hand to give a reply within 20 mins. Very proactive with tax forecasting and savings potential. Would recommed to anyone who wants to make the most of their hard earnt money.
Ruby Clarke
Ruby Clarke
01/05/2024
Using Thomas and Co Accounting this year for my self-assessment has been the easiest process. Daniel kept me informed at each stage, with clear instructions of exactly what was needed and at each stage provided an update. They took the stress of sorting my finances off my shoulders, would highly recommend! 🙌
Cameron Hockley
Cameron Hockley
29/04/2024
Been using the team for a year and a half. So professional and extremely helpful. Josh and Daniel have helped me more than I can explain, thank you to the team!
Sam Bines
Sam Bines
23/04/2024
Just got my end of year tax bill and was surprised at how low it was - Can’t Josh, Dan and the team enough for making everything so easy and streamlined.
Iwan Davies
Iwan Davies
21/04/2024
I’ve been working with Daniel Harris for just over 2 months, his level of detail is very impressive, he’s made my life a breeze. Highly recommend
Hope Tuition Clinic
Hope Tuition Clinic
11/04/2024
Daniel was quick and helpful with how to support a solo business. Hopefully this will continue!
Jordan Messenger
Jordan Messenger
10/04/2024
Joining my Thomas and Co has been the best decision I’ve made for my business in a long time. Working with Josh to begin and now Daniel has been amazing. Their attention to detail is second to none. Being on my catch up call with Daniel today has given me a crystal clear picture of where my business stands and what I need to do. Something I’ve never had before. If you own a business you will know how important the right accountants are. I would recommend these guys above all. Thank you for your work guys.
Jack Edge
Jack Edge
10/04/2024
Worked with Daniel and the team on tax planning and moving from sole trader to LTD, along with accountancy services. Brilliant advice from start to finish and a faultless customer experience. Highly recommend.
Tyler Goldsmith
Tyler Goldsmith
21/02/2024
The team at Thomas and Co are amazing! I’ve been working closely with Thomas, Noel and Julia! They’re very quick to answer questions and customer service is at the forefront of their values! Totally recommend

What is Personal Tax?

If you earn money from your income, savings, pensions, or various other benefits, you need to pay personal tax. The last thing we want is for you to stress about the finer details of this, or worse receive a penalty for not complying correctly. Chat to us and discover how our personal tax services can help you prepare and submit your personal tax returns.

Tips on Personal Tax

How do I set up a Personal Tax account?

This can be done on the HMRC website. When setting up your HMRC personal tax account you will need your P60 and national insurance number.

When is Personal Tax due?

The personal tax deadline is midnight on 31st January the year after your tax year ends.

What is a Personal Tax allowance?

Personal tax allowance is the amount of money a person can earn that is free from tax. For example, in the year 2020-2021 the personal tax allowance was £12,500. This means you would not have been taxed on any earnings below £12,500 and would have been taxed on earnings above £12,500. You must make sure you are eligible for personal tax allowance, talk to us to find out more.

How long do I have to keep Personal Tax records for?

HMRC advises: “you must keep your records for at least 5 years after the 31st January submission deadline of the relevant tax year. HM Revenue and Customs may check your records to make sure you’re paying the right amount of tax.”

Saddleworth – Tameside - Greater Manchester

Why choose us as your Personal Tax accountant?

Of course you can do your personal taxes yourself, but if you are finding them mind-boggling or are simply too busy, Thomas & Co are here to support you.

We can help you set up a personal tax account with HMRC, keep on top of tax deadlines, advise on record keeping, keep you up to date with your personal tax allowance, calculate your personal income tax rate, and much more.

Personal tax accounting does not have to cost the earth, we calculate our fee on a case by case basis, depending on your needs. Get in touch for a free quote.

Explore our other accounting services

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Personal Tax

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Not Your Everyday Accountant

We are invested in you. Is there something worrying you?

Let us take away the pressure so you can focus on the bigger picture, growing your business. Got concerns about that too? Ask us, our expertise helps you plan for the future and reach your goals. At Thomas & Co Accounting we have streamlined our service using the latest cloud accounting software, this allows us to provide the highest level of customer service to our clients and calm any financial anxieties.