Self Assessment calculation -- no personal allowance?!

John_Pierpoint

laurenced wrote: »

Heh me neither, not even remotely close! I don't know why it defaults to that form.

I should investigate the expenses a bit further, but I can't really envisage it making that much of a difference. The only obvious thing to me are cycling expenses (I cycle to clients a lot) and perhaps something for the time when I work for home. I (stupidly) don't have records for these things, though, and I can't imagine they are worth a great deal (pennies in the mile when I do roughly 4-5 twice a week isn't anything to shout about...).

Check out the cycle rates, you will find they are worth more than you realise.
However it is a shame that you are not a keep fit fanatic, I was hoping you were doing 20 miles a day.

http://lmgtfy.com/?q=hmrc+cycle+tax+mileage+allowance

I am sure your visits to clients are recorded in the file dates of your lap top and the AA
(to name but one) knows the distance from your home to the clients.

http://www.hmrc.gov.uk/vat/forms-rates/rates/rates-thresholds.htm#2