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Tax credit-self employed-which figure?

Hello, I am just wondering which figure I give the tax credit off OH's self employed return. I've been told its the Net Profit figure but our new accountant says its the Net Profit with depreciation added on. Anyone know which it is?

Comments

  • cw18
    cw18 Posts: 8,630 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    From my latest renewal pack

    Income from self-employment
    If you are self employed (either on your own or in partnership) and have sent us your 2007-08 Tax Return, enter your profit for the year from 6 April 2007 to 5 April 2008 from :
    • box 3.10 on the Short Tax Return (SA200)
    • box 25 on the Self-employment (short) pages
    • box 71 on the Self-employment (full) pages, or
    • box 14 on the Partnership (short) pages or the Partnership (full) pages
    Cheryl
  • 5lilpigs
    5lilpigs Posts: 102 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    Thankyou, thats perfect!. My accountant has filled in the form for us, I'll give him a ring and see if he keeps a copy of the forms. I'm sure we did a Full form.
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