Case Study: How We Can Save You Money

At Accountancy Solutions, we’re committed to getting you results. We know that as sole traders and self-employed individuals, your business is your livelihood and there’s never room to mess around with your money. That’s why when you choose us as your personal accountants, if you end up facing a penalty, we’ll go above and beyond to help you get it sorted out – all while keeping your books up to date and accurate.

But we know it’s all well and good telling you that we’ll provide you with the best of the best service, but it’s actions that really count. So, we’ve put together this case study to show you how we can help save you money. Keep reading to find out how in 2019, we managed to get Ceri Baker over £4000 of his money returned to him, thanks to our dedicated team’s vigilance and extensive knowledge.

The penalty

In 2019, Ceri Baker came to us as a client asking for help with his PAYE tax. He received a late filing penalty amounting to more than £4000 for late submission during the tax years 2014-15 and 2015-16, arising after we requested for these tax years to be opened on 26th March 2019 and filled them out and submitted them.

Apparently, the reason why there was a penalty to begin with was Baker’s previous accountant had told HMRC that he didn’t meet the minimum requirement needed to submit a return. So, when SixtyFour8 requested for it to be issued, the HMRC representative issued those using the original issue dates, instead of the 26th March 2019.

What we did

To investigate this penalty, the personal accountant on Baker’s case called HMRC on his behalf and asked why this penalty had suddenly cropped up in 2019, and not on the original issue date for those tax years. The response we received was that the date of issuance wasn’t changed by the HMRC agent, resulting in the penalty.

We then appealed for the penalties to be waived and for the payments he made to be returned to him, as this was obviously the result of an error from the tax office representative, and not Mr. Baker himself.

The result?

Mr. Baker received the significant lump sum of more than £4000 returned to him! Without the help of SixtyFour8, Mr. Baker likely would never had seen his money rightfully back in his hands, and that’s one of the many reasons why having a trusted, personal accountant can actually save you money in the long run.

How we can help you

Now you’ve seen what we did for Mr. Baker, why not get in touch and see what we can do for you? Maybe you’ve got a penalty that you want to appeal or just need some help in getting your books in order. Whatever your requirements, we’re happy to discuss them – just give us a call on 01633 288 299 or email us at:

Our team is made up of organised professionals who care about your money. That’s why when you choose us, we’ll make sure you’re only ever paying what you need to, when you need to.

Find out how Accountancy Solutions can negotiate with HMRC on your behalf and take the worry out of your finances.