Each year every business needs to submit a return of some sort to the Inland Revenue.

In many cases this is more than one return (Tax, P A Y E etc.) and there are deadlines imposed - if you miss the deadline for submitting your return you will be fined and the Inland revenue will raise an estimate of the liability that they think you have incurred.

The penalty can be up to 100% of the Tax due!!

The information that you need to submit onto these forms can normally be extracted from your bookkeeping records and accounts and is part of the "standard" service offered.