I am in the process of filling in my first tax return. I registered as self employed prior to the end of the last tax year (5th April 2015) but due to circumstances did not actually commence mt self employment earnings until 22nd April 2015.
I was employed up to 21st April 2015 then started my sub contractor self employed work.
On the tax return for year ending 5th April 2115 do I out that I was self employed during that tax year as I registered in it or do I ut no because I actually didn't start until 22nd April.
Also
I have expenses for things purchased prior to the tax year ending how can I claim for these, do I t them as expenses for this tax return or wait until next years.
Hi Mam (wow that sounded weird! I say that to my mum!)
Given that you have said you were self employed in the 2014/15 tax year, I would put the date you registered as SA, as being the commencement date, put in the basis period of the date you registered to 05.04.15, complete the boxes with nil, with a note on "other information" to say you didn't start trading til 22.04.15.
With that in mind, you would include all pre trading expenses on the 2015/16 return.
PS - please put your first name in your signature for us :)
