Taxi self tax return help

jdcars

HI, I need some help I have recently started part time taxi or heckney carraige service . I actually started earning money from april 2015 but all my spending in setup cost like licence fee car mots serviceing and other expenses occurs in the month of jan feb and March.
My question is as uk tax year starts in april how I can start my tax year if I start my tax yaer from april 15 to march 16 where all my expenses will go. I hope u understand what I mean.
and do I need to register as self employee again as I already registered and sending my return for my motor trade from last 3 years and I followed april to march accounting year.
your help on matter will be appreciated

purdyoaten

jdcars wrote: »

HI, I need some help I have recently started part time taxi or heckney carraige service . I actually started earning money from april 2015 but all my spending in setup cost like licence fee car mots serviceing and other expenses occurs in the month of jan feb and March.
My question is as uk tax year starts in april how I can start my tax year if I start my tax yaer from april 15 to march 16 where all my expenses will go. I hope u understand what I mean.
and do I need to register as self employee again as I already registered and sending my return for my motor trade from last 3 years and I followed april to march accounting year.
your help on matter will be appreciated

I think that you will have to clarify - not really sure what you are asking here!

zygurat789

jdcars wrote: »

HI, I need some help I have recently started part time taxi or heckney carraige service . I actually started earning money from april 2015 but all my spending in setup cost like licence fee car mots serviceing and other expenses occurs in the month of jan feb and March.
My question is as uk tax year starts in april how I can start my tax year if I start my tax yaer from april 15 to march 16 where all my expenses will go. I hope u understand what I mean.
and do I need to register as self employee again as I already registered and sending my return for my motor trade from last 3 years and I followed april to march accounting year.
your help on matter will be appreciated

Your tax return should include all income and allowable expenses for the relevant period regardless of income source.
You may have two self employed businesses, rental income interest from savings etc.
Each self employed business may produce accounts for its trading period (initially) or year. Your initial period appears to start in April 2015 and you may bring in, as expenses, your pre-trading expenses.
Given the complexity of your affairs you need an accountant.