Personal tax affects almost every business owner in Mid-Ulster, whether you trade as a sole trader, receive dividends from a company, have rental income or combine several sources on one self-assessment return. Gortreagh Consulting prepares personal tax returns that are accurate, filed on time and aligned with your wider business plans.
What we cover
Full self-assessment preparation including employment income, self-employment profits, partnership allocations, dividends, interest, rental accounts and capital gains where relevant.
- Planning covers pension contributions, marriage allowance, property ownership structures and interaction with company remuneration. We also advise on payments on account and cash set-aside so tax bills do not disrupt business cash flow.
How we work
We send a tailored checklist each year based on your known income sources. You provide figures or grant access to cloud records; we prepare the return, explain the liability and file after your approval.
- For business owners whose accounts we already maintain, personal tax is a natural extension: the numbers are consistent across company and personal filings.
Payments on account and coding
Payments on account catch many business owners by surprise in January and July. We forecast these alongside your return and adjust claims for reductions when income falls, so you do not overpay unnecessarily.
- PAYE coding notices for director-shareholders are checked against company remuneration plans. Misaligned codes create year-end shocks that are avoidable with a mid-year review.
Property and investment income
Landlords in Mid-Ulster often combine rental accounts with trading income on one return. We prepare property segments correctly, claim allowable expenses and finance costs under current rules, and coordinate with letting agents' statements.
- Capital gains on shares or second properties are calculated with available reliefs applied. Where joint ownership or family transfers exist, we document splits clearly.