Thomas & Co Accounting Services

Personal Tax

Accountants in Greater Manchester

Personal Tax

Need personal tax advice? We can help.

dillon brennan
dillon brennan
04/12/2022
Very professional would definitely recommend
ASTARCLEANS LTD
ASTARCLEANS LTD
02/11/2022
Fantastic accountants ! Highly recommend . Aftercare is always there from Josh and James and worth every penny of their services . Thank you both
Darren Smith
Darren Smith
23/10/2022
I was having an issue with hmrc from a previous accountant. Josh sorted the issue very quickly and I would recommend his services to anybody.
James Vogle
James Vogle
21/10/2022
this accountancy firm changed my life - Josh and his team are absolute workhorses - no more 3 weeks for a response from my old accountant! Finally someone that helps me understand my business and my finances so I feel on track all the time rather than panicking at end of year!
Primo Sports
Primo Sports
21/10/2022
Josh has been our accountant for the past few months and he has changed the way we have done things in terms of financials. Learning from mistakes we’ve made in our first 2 years in business highlighting all the places where we could of improved over that time. Made our lives 10x easier. Highly recommend 👍🏼
Scott Walker
Scott Walker
21/10/2022
Josh deals with my personal tax and both of my businesses and professional from the outset, he is very knowledgeable, and always at the other end of the phone when needed.
elliot fish
elliot fish
21/10/2022
Absolutley amazing customer service and really helpful! Highly reccommend
Naomi Bolt
Naomi Bolt
15/08/2022
It has been a pleasure working with James! He’s made this process smooth and put my mind at ease by thoroughly explaining everything I needed to know. All communication is given in a timely manner and I feel comfortable to reach out if I need further explanation. Great for small businesses/freelancers, I would highly recommend!
Tom Brennan
Tom Brennan
19/07/2022
Great service & business to work with. Wouldn't take my accountancy requirements anywhere else.
Adam Rowlands
Adam Rowlands
02/07/2022
Josh has been my accountant for years, he is a great guy and always goes the extra mile, don't know what I would do without him. Thanks for everything!

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 service can help you prepare and submit your 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 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 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.

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