Self-assessment


R

Rasta Pickles

I've registered for self-assessment, how friendly is the site when it
comes to actually completing my tax return?

I've done some self-employed work and will need to offset fuel and car
parking costs - are there any hoops I need to jump through online or
is it the best way to complete a return?

TIA.
 
Ad

Advertisements

T

tim....

Rasta Pickles said:
I've registered for self-assessment, how friendly is the site when it
comes to actually completing my tax return?
Apart from getting your PIN, it's a breeze. Apply for your PIN ASAP (and
don't lose it!)
I've done some self-employed work and will need to offset fuel and car
parking costs - are there any hoops I need to jump through online or
is it the best way to complete a return?
Just fill in the SE part of the form (and all the rest, of course) with the
appropriate numbers. IIRC all you should need to include is "total income"
and "total expenses". The SA form doesn't require to provide any detail.
You do, of course, need to keep all that detail at home (for 7 years) should
the return be audited.

tim
 
R

Roger Mills

I've registered for self-assessment, how friendly is the site when it
comes to actually completing my tax return?

I've done some self-employed work and will need to offset fuel and car
parking costs - are there any hoops I need to jump through online or
is it the best way to complete a return?

TIA.
It's probably ok. I've used it for a number of years - but I don't have
business expenses - so can't say for sure how it deals with these.

I haven't tried this year yet, but it usually starts by getting you to
identify all the types of income etc. which apply so that it knows which
'pages' you need to complete. It will tell you if the HMRC-provided
version is unable to cater for your particular circumstances - in which
case it will point you are various commercial software packages which
you can use instead - still online.
--
Cheers,
Roger
____________
Please reply to Newsgroup. Whilst email address is valid, it is seldom
checked.
 
R

Rasta Pickles

Just fill in the SE part of the form (and all the rest, of course) with the
appropriate numbers.  IIRC all you should need to include is "total income"
and "total expenses".  The SA form doesn't require to provide any detail.
You do, of course, need to keep all that detail at home (for 7 years) should
the return be audited.

tim
Thanks both for the prompt and helpful replies.

I DID wonder about the whole expenses thing and how do you justify it
online.

I've kept a "from-to-mileage start-mileage end" spreadsheet for the
mileage claim and have all my car parking receipts together with the
invoice I sent the firm I was working for.

Is there a best time to complete it online? I think I have until
January 2012, get it done and dusted as soon as I have my P60 or wait?
 
D

David Woolley

Rasta said:
Is there a best time to complete it online? I think I have until
January 2012, get it done and dusted as soon as I have my P60 or wait?
Assuming the same as last year, you need to submit by the end of
December if you want adjustments to be made by means of a PAYE code.
 
T

tim....

Just fill in the SE part of the form (and all the rest, of course) with
the
appropriate numbers. IIRC all you should need to include is "total income"
and "total expenses". The SA form doesn't require to provide any detail.
You do, of course, need to keep all that detail at home (for 7 years)
should
the return be audited.

tim
Thanks both for the prompt and helpful replies.

I DID wonder about the whole expenses thing and how do you justify it
online.

I've kept a "from-to-mileage start-mileage end" spreadsheet for the
mileage claim and have all my car parking receipts together with the
invoice I sent the firm I was working for.

Is there a best time to complete it online? I think I have until
January 2012, get it done and dusted as soon as I have my P60 or wait?

-------------------------------------------------------------------------------

As soon as you can.

It lets you save what you have done, so you can start today and fill in the
rest when you have the details.

You can also edit the data later, so you can put in some pretend figures to
see what the result is and then fill in the correct figures when you have
them.

Just don't "send" the made up figures prematurely:-(

tim
 
Ad

Advertisements

R

Roger Mills

Is there a best time to complete it online? I think I have until
January 2012, get it done and dusted as soon as I have my P60 or wait?
It's best to do it ASAP, as soon as you have the figures available -
then you don't have to worry about it.

Also, if *they* owe *you* money, you'll get it straight away. [If you
own them money, you won't have to pay it until next January, even if you
do the return now].
--
Cheers,
Roger
____________
Please reply to Newsgroup. Whilst email address is valid, it is seldom
checked.
 
P

Peter Saxton

Assuming the same as last year, you need to submit by the end of
December if you want adjustments to be made by means of a PAYE code.
30 of December
 
B

BartC

tim.... said:
Apart from getting your PIN, it's a breeze. Apply for your PIN ASAP (and
don't lose it!)


Just fill in the SE part of the form (and all the rest, of course) with
the appropriate numbers. IIRC all you should need to include is "total
income" and "total expenses". The SA form doesn't require to provide any
detail.
That used to be the case for turnover below £15000. Above that, much fuller
details are needed of expenses. (And there are also capital allowances that
can be claimed, although I can't remember if those figures can just be added
in to expenses, if the turnover is below the threshold.)
 
Ad

Advertisements

R

Reece Bythell

That used to be the case for turnover below £15000. Above that, much fuller
details are needed of expenses. (And there are also capital allowances that
can be claimed, although I can't remember if those figures can just be added
in to expenses, if the turnover is below the threshold.)
The latest self-assessment form for the self-employed says you can use
summary figures as long as your turnover is below £70k. And you get to put
your capital allowances on top of that.

Reece
 

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

Similar Threads

Self assessment errors 3
CIS - Self assessment 6
Advice on self assessment 3
UK self assessment error 1
Appealling Self Assessment 0
Self-Assessment Newbie 15
Self assessment and VAT 1
UK Self Assessment Calculation 3

Top