The Book-keepers Forum (BKF)
The Book-keepers Forum (UK) -> General Book-keeping & Accounting -> Self Assessment
Post Info TOPIC: Self Assessment
Sharon Eyre


Senior Member

Status: Offline
Posts: 423
Date:
Self Assessment
Permalink Closed

The question on Self Assessment that says do you have an income of £50k or over-is this based on the end profit for a sole trader after any losses from previous year are added back or just purely the profit on the current year?

blankstare



__________________

 

 

Regards

Sharon
Sharon Eyre


Senior Member

Status: Offline
Posts: 423
Date:
Permalink Closed

sorry Shaun clicked on the wrong area for this discussion- don't often start a topic just comment on them !!

__________________

 

 

Regards

Sharon
Shamus


Forum Moderator & Expert

Status: Offline
Posts: 11981
Date:
Permalink Closed

Wadda ya mean wrong area of the forum (chuckle).

The £50k is on adjusted net income... where's that HMRC page... Here you go, have fun :

www.hmrc.gov.uk/adjustednetincome/

__________________

Shaun

Responses are not meant as a substitute for professional advice. Answers are intended as outline only the advice of a qualified professional with access to all relevant information should be sought before acting on any response given.
Sharon Eyre


Senior Member

Status: Offline
Posts: 423
Date:
Permalink Closed

thank you- thats my night time reading sorted when I wake up at 1am as per usual!!!

__________________

 

 

Regards

Sharon
Page 1 of 1  sorted by
 
Quick Reply

Please log in to post quick replies.
The Book-keepers Forum (UK) -> General Book-keeping & Accounting -> Self Assessment
Tweet this page Post to Digg Post to Del.icio.us
Members Login
Username 
 
Password 
    Remember Me  
©2007-2024 The Book-keepers Forum (BKF). All Rights Reserved. The Book-keepers Forum (BKF) is a trading division of Bookcert Ltd. Registered in England Company Number 05782923. 2 Laurel House, 1 Station Rd, Worle, Weston-super-Mare, North Somerset, BS22 6AR, United Kingdom. The Book-keepers Forum and BKF are trademarks of Bookcert Ltd. This forum is a discussion forum only. There will usually be more than one opinion to any question and any posting should not be viewed as a definitive solution. No responsibility for loss occasioned to any person acting or refraining from action as a result of any posting on this site is accepted by the contributors or The Book-keepers Forum. In all cases, appropriate professional advice should be sought before making a decision. We reserve the right to remove any postings which are offensive, libellous, self-promoting or engaged in covert marketing. We will not notify users of removals. The views expressed in the forum posts are those of the individual and do not necessary reflect or agree with those of The Book-keepers Forum. Any offensive or unsuitable posts will be removed by the moderators. Any reader of this forum can request for a post to be looked into by sending an email to: bookcertltd@gmail.com.

Privacy & Cookie Policy  About