UK Averaging tax from a loss year and a profit year ? (musician)


Joined
Feb 12, 2021
Messages
1
Reaction score
0
Country
United Kingdom
Hello I have an enquiry regarding my (late) tax return. Last year I made a loss of £4,000, this year a profit of £36,000. I'm a musician and I'm trying to work what I need to do on the self assessment to average out the tax over this year and last year. I know it's pretty simple, but the language is slightly confusing on the form and I want to ensure I fill it out correctly. Thank you in advance!
 
Ad

Advertisements


Ask a Question

Want to reply to this thread or ask your own question?

You'll need to choose a username for the site, which only take a couple of moments. After that, you can post your question and our members will help you out.

Ask a Question

Top