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'Full' self-employment section on self-assessment

semma19
Posts: 74 Forumite

in Cutting tax
Currently completing my self-assessment for 18/19 'early' as it's a complicated one.
Apparently, the figure I entered for self-employment 'exceeds the maximum annualised amount'. The error message tells me to 'complete the full self-employment pages instead'. It's not clear at all on the online form where I access this 'full' section. Any clues?
Apparently, the figure I entered for self-employment 'exceeds the maximum annualised amount'. The error message tells me to 'complete the full self-employment pages instead'. It's not clear at all on the online form where I access this 'full' section. Any clues?
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Comments
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Does it ask anywhere if your annual turnover exceeds £85,000? You need to tick that box.0
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The thing is, it doesn't! So I'm totally baffled.0
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Not sure if it's relevant that I was only self-employed for about 2 months of the tax year - but I put that my accounts were made up to 5 April 2019.0
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It sounds like you are doing a part year?
If so then the £85,000 limit is apportioned. So if you traded for 6 months and your turnover was £50k then the 'annualised' amount is £100k0 -
For simplicity let's say I received £20,000 in those two months. That's it. So I still tick the box?0
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Yes.....the annualised figure would be £120,0000
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For simplicity let's say I received £20,000 in those two monthsNot sure if it's relevant that I was only self-employed for about 2 months of the tax year - but I put that my accounts were made up to 5 April 2019
Was it the two months 6 February 2019 to 5 April 2019? If not why have you used that date?0 -
Yes, and my question is, where do I find the full set of employment pages on the online self-assessment?!
And surely, I put what I ACTUALLY received, not this annualised turnover.
Not sure what you mean by the second point. It was the first two months of the tax year that I was a sole trader.0 -
stephanieemma wrote: »Yes, and my question is, where do I find the full set of employment pages on the online self-assessment?!
And surely, I put what I ACTUALLY received, not this annualised turnover.
Not sure what you mean by the second point. It was the first two months of the tax year that I was a sole trader.
You tick the box saying your annual turnover was over £85,000.
Yes you put your actual turnover and expenses down, nobody said otherwise. The £85,000 threshold for using the short pages is for a 12 month period, if you only traded for 2 months then the threshold is 1/6th of this.0 -
You need to delete the existing self employment page and start to tailor your return again.
Yes you enter the actual details but the fact is your business turnover was the equivalent of £120,000 which is why you cannot do the simpler self employment page.
If you were self employed in April/May and maybe a bit of June 2018 them why are you saying your accounts are for the period to 5 April 2019? There may be a perfectly good reason for it but that hasn't come across in your earlier posts.0
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