EY helps clients create long-term value for all stakeholders. Enabled by data and technology, our services and solutions provide trust through assurance and help clients transform, grow and operate.
At EY, our purpose is building a better working world. The insights and services we provide help to create long-term value for clients, people and society, and to build trust in the capital markets.
EY TaxChat™ is an on-demand mobile tax preparation service that connects individuals with EY professionals in an easy-to-use online environment. It makes filing tax returns simple, fast and reliable – no appointments, paper documents or complicated tax software needed.
Convenience: Accessible anytime, anywhere, through the EY TaxChat™ app or online. Share your data by taking a photo, uploading documents or directly entering it – the choice is yours.
Insight: Connect directly with a dedicated, knowledgeable EY tax professional and gain a better understanding of tax – all within the secure EY TaxChat™ platform.
Versatility: Life changes and events, such as getting married, having a child or buying a rental property, can mean changes to your tax affairs. EY TaxChat™ is ideal for people with questions about tax who want to ensure they are compliant and tax-efficient.
Value: EY TaxChat™ delivers convenience and quality service at a reasonable cost. With more than 25 years’ experience in tax preparation for thousands of clients, EY teams provide a cohesive tax compliance service to meet your needs.
Organisations
EY teams work with organisations to help make individual tax return filing easier for their customers and employees. To learn more about how EY TaxChat™ can bring value to your business, please contact us.
Who EY TaxChat™ can help
If you are self-employed (and receive income over £1,000 during the tax year), you are required by HMRC to complete a tax return.
EY tax professionals will review your income and expenses and claim relief on all expenses that are tax deductible through your tax return, for example:
Capital allowances
Allowable trading expenses e.g., travel and subsistence, advertising, indemnity insurance
Annual investment allowance
EY professionals will also calculate any Class 2 or Class 4 National Insurance due to HMRC based on your income for the year.
If you receive rental income (over £2,500), you are required by HMRC to complete a tax return. This includes rental income that is received from property let in the UK or overseas.
EY tax professionals prepare tax returns for landlords who let UK or overseas:
Residential property
Furnished holiday lets
Commercial property
EY tax professionals will claim all available tax reliefs and allowances appropriate for your circumstances, including:
Allowable expenses
Property allowance (if your expenses are under £1,000)
Rent-a-room relief (if you let a room in your home)
If you receive significant savings and investment income e.g., interest and/or dividends, then HMRC may require you to complete a tax return.
EY tax professionals will work with you to keep an accurate record of your investments and accurately report to HMRC any income from your investments on your tax return.
EY tax professionals will claim all available tax reliefs and allowances appropriate for your circumstances, including:
Personal savings allowance
Tax-free starting rate for savings
If you have disposed of any chargeable assets, EY tax professionals will calculate the capital gain (or loss) arising on the disposal of assets and report it to HMRC on your tax return.
Some common examples of chargeable assets are:
Stocks and shares
Land and property
Antiques, paintings, jewellery
EY tax professionals will also claim all available tax reliefs and allowances appropriate for your circumstances and will keep an ongoing record of any capital losses available to carry forward.
If you are a settlor or beneficiary of a trust, EY tax professionals will report any taxable trust income and claim the appropriate credit for any tax paid.
EY has a specialist trust team who can support you with preparing trust tax returns and advise on any trust-related tax matters.
You may be entitled to claim a tax refund from HMRC if you have made tax-efficient investments during the year, for example:
Enterprise Investment Scheme (EIS)
Seed Enterprise Investment Scheme (SEIS)
Venture Capital Trusts (VCTs)
EY tax professionals will claim all available tax reliefs and allowances appropriate for your circumstances, for example:
Income tax relief
Capital gains tax deferral relief
Capital gains tax reinvestment relief
If you receive income over £150,000, HMRC requires you to complete a tax return.
EY tax professionals will claim all available tax reliefs and allowances appropriate for your circumstances, including:
Business mileage
Professional subscriptions
Higher-rate tax relief qualifying pension contributions
Gift Aid relief
If you are impacted by the high-income child benefit charge, or the pensions annual allowance charge, EY will work with you to identify any amounts due to HMRC.
If you receive income from abroad, this should be reported to HMRC on a tax return.
EY tax professionals will report this income on the foreign pages on your tax return and work with you to claim all available tax reliefs and allowances appropriate for your circumstances, including:
Double taxation relief
Foreign tax credits
Overseas workday relief
EY tax professionals will provide you with tax updates to keep you informed of any potential tax issues that may affect you and will take care of all communication with HMRC making filing your tax return as simple as possible. Have a question about UK tax returns? View our FAQs.
Customer feedback
“I think this service has been excellent. The tool is great, provides great value for money, the tax return was high quality and you have met my needs”
“It was a great service all round and will definitely use again. Many thanks for everything.”
“It’s a great platform to use and easier than via emails - thanks!“
Register for EY TaxChat™ today
Simply register and answer a few questions to obtain a free, no-obligation price quote:
