Tax return form for 2019 - 2020 for self employed

Pennywise

stevec59 said:

uknick said:

As Class 2 are paid when profits are over £6,475 it does appear to be incorrect.  How did you show the pension cash in, i.e. what part of the self assessment form?

I don't think I did put it on the SA form because HMRC already know about it, I paid tax on the small lump sum, so I claimed the tax back, therefore the Tax office already know about it, so I assumed I didn't need to put it on the form as it might confuse things. Maybe I'll call HMRC, are they manned during the lockdown?

Then you're wrong - you have to put everything down on the SA return whether HMRC already know or not.  You need to submit a revised return with everything declared.

[Deleted User]

stevec59 said:

uknick said:

As Class 2 are paid when profits are over £6,475 it does appear to be incorrect.  How did you show the pension cash in, i.e. what part of the self assessment form?

I don't think I did put it on the SA form because HMRC already know about it, I paid tax on the small lump sum, so I claimed the tax back, therefore the Tax office already know about it, so I assumed I didn't need to put it on the form as it might confuse things. Maybe I'll call HMRC, are they manned during the lockdown?

Read the first page below where it says ,’Before you start....’

https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/874084/SA150_English_Notes.pdf

stevec59

Thanks.
I can see why people work cash in hand, not so much to avoid paying tax but to avoid filling in the form.
I did notice that TSB automatically provide Interest statements, so that's handy, I have 4 of them, 2 sole and 2 joint. I think with the joint ones I just halve the interest?