How Does The TWD Tax Service Work?

• On receipt of your application, a simple questionnaire is sent to obtain your personal details.
  This is only required in the first year. Thereafter an annual update form is all that is needed.


• Your requirements will be assessed following receipt of your questionnaire.


• If any further information is needed to complete your tax return, it will be requested from you, by letter, in good time.


• A completed tax return is sent for your approval, together with an easy to follow computation of your tax position.
  You will also be advised when you need to pay any tax owed.


• Your tax return is submitted via a secure electronic system to HM Revenue & Customs, for agreement.
  All correspondence and queries raised by the Inspector as a result of this submission will be dealt with.


• You will be advised when your return is agreed and reminded of any tax to pay and when to make payment.


• In the first year you will also receive a six year tax healthcheck.
  The only charge for this occurs when any tax is recovered, at 40p in the £.


• Following receipt of your standing order payment or renewal cheque, the process is repeated for each future year