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Reporting change of circumstances when self employed
Coz
Posts: 126 Forumite
When working on a self employed basis and you are reporting a change of circumstances for tax credit purposes, do you put zero for 'Estimated anual employed earnings' and the amount you earn for 'Estimated anual self-employed profit'? What happens if it says 'This info is for April 2019 to April 2020 and you only started the job in September 2019?
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Comments
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Yes zero, if you are not aware of any income from your self employed business.The comments I post are personal opinion. Always refer to official information sources before relying on internet forums. If you have a problem with any organisation, enter into their official complaints process at the earliest opportunity, as sometimes complaints have to be started within a certain time frame.0
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The information is for the whole year so my understanding is that if you have already had some employed earnings since April 2019 you need to include these.When working on a self employed basis and you are reporting a change of circumstances for tax credit purposes, do you put zero for 'Estimated anual employed earnings' and the amount you earn for 'Estimated anual self-employed profit'? What happens if it says 'This info is for April 2019 to April 2020 and you only started the job in September 2019?Information I post is for England unless otherwise stated. Some rules may be different in other parts of UK.0 -
Do I calculate my earnings from when I started the job (September 2019 to April 2020) or do i work out what I would earn over 12 months? Plus include my earnings from my last job from April 2019?0
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You need to report your employment income from April until you ceased/
You also need to estimate your self employed income from September to April.0
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