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tax on lump sum if selfemployed
rnad
Posts: 6 Forumite
Hi i am selfemployed so under SA ,and will be taking all of my lump sum out , would i be able to use the reclaim forms to get back tax in 2015-2016 or would i have to wait until i pass my accounts to my accountant at the end of the tax year along with details of pension etc . hope i made it clear .
thanks graham.
thanks graham.
0
Comments
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My understanding for self employed will be that ideally you should wait. If you reclaim it and get the amount wrong then you will be subject to interest on the amount you owe HMRC.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0
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Hi thanks for the reply ,prob the way i will go then , just have to wait for it all to be adjusted .
cheers0
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