Lloyds TSB offers tax returns service
Lloyds TSB attempts to grab a chunk of the tax returns market, but advisers are unsure about the bank's ability to win customers with complex returns
has launched a tax returns service for its customers.
The High Street bank is offering three levels of tax return service: online
at £99, standard at £199, and complex at £249.
About half the nine million people who fill in a tax return do so without
‘Having expert support takes the stress out of the whole process and provides
valuable peace of mind,’ said Jacqueline Pateman-Jones, head of wealth
protection and wealth management at Lloyds TSB.
Grant Thornton senior tax partner Mike Warburton said the scheme operated in
a different market to that provided by tax advisers, who tend to focus on
‘I think the scheme’s for those who wouldn’t normally employ an accountant,
so it’s got to be a bulk offering,’ said Warburton. ‘You’re not going to get a