As we bring 2023 to a close, the 31 January deadline for paying your personal tax bill is getting ever closer. Paying your tax bill is one of those important, albeit not that exciting, tasks that rolls around each year.
We have previously spoken about barriers to achievement and what reasons you might give yourself for being ‘unable’ to settle your bill the moment we give you the go ahead. It’s due to this that we do all that we can to provide you with the information and resources to make the process as simple as possible so that even someone extremely time poor can do it in a matter of minutes.
We understand that people learn in different ways and so this is why we have created various resources to assist you in breaking down the barriers to paying your tax bill.
Information
For those that like to have all the information written in front of them, here is our most recent blog providing a step-by-step breakdown of the methods you can use to pay your tax bill, including what to do if you need to set up an instalment payment plan.
Visual
There are also the visual learners who struggle to make head or tail of information if it is presented to them in a page of text. If this is you, check out our infographic showing the simple visual steps to follow.
If you’re in need of any additional information on how to settle your tax bill then please do get in touch as we are more than happy to help.
Once your tax bill has been settled, it pays to stay ahead of the game.
You don’t need to wait until 31st January and pay on the deadline next year. This really is the latest you need to pay. Get your records in to us straight after the year end, when we request them, and you won’t feel the stress and panic you face trying to settle your bill with HMRC up against the deadline.
In addition, we often explain the importance of keeping on top of your bookkeeping and maintaining up to date records. Having complete, accurate and quality reviewed data allows us to work proactively for you and offer advice that will help to reduce future tax bills.
For those of you who aren’t currently clients of Hive and are unhappy with the tax bill your reactive accountant has provided you with, why not get in touch? We’re the dental experts leading the accountancy revolution and have the complete confidence in our service delivery to proudly offer our money-back guarantee to provide peace of mind to those taking a leap of faith with us.
We are committed to improving the financial performance of dentists and have a team dedicated to assist with achieving this at every level. From initial enquiry we do all that we can to remove any barriers to people getting in touch and so offer complimentary consultations. Whether you are definitely in the market for a new accountant, or if you’re simply looking to see what else is out there, we are more than happy to talk and strongly believe that no conversation is a waste of time.
In the first instance, you will receive contact from me so I can get an understanding of your circumstances, give you an insight into Hive and how we could help you. At this stage, I will offer pricing information on the service package suited to you, or suggest a further call with a member of our specialist team if I’m not the person best placed to help.
Once we have discussed the service offering and answered any questions you have, we will follow up via email to confirm the conversation and provide you with a digital formal proposal for you to review and sign.
With a signed proposal in place we can commence your onboarding journey to begin acting formally as your accountant, which marks the start of your relationship with Hive and will be there to support you through the milestones of career moving forwards.
Why not kick start the year with finding out what you might currently be missing out on? Get in touch to have a chat with me about the ways Hive can help you.
