We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

self employed change in circumstances and job and I did not submit my 16/17 tax return

jdnb
jdnb Posts: 5 Forumite
First Anniversary First Post
edited 12 May 2020 at 7:21AM in Coronavirus Board
I've been self employed for years due  to a change  in circumstances and job I did not submit my 16/17 tax return. everything else is up to date and my tax is Paid for 17/18 18/19 how do you feel this will affect me many thanks.

Comments

  • Jeremy535897
    Jeremy535897 Posts: 10,813 Forumite
    10,000 Posts Sixth Anniversary Photogenic Name Dropper
    My guess is they will average your figures for 2017/18 and 2018/19 and use that average to calculate the grant, so profit for 2017/18 plus profit for 2018/19 divided by 24 multiplied by 3 multiplied by 80%. I could be wrong.
  • jdnb
    jdnb Posts: 5 Forumite
    First Anniversary First Post
    thanks for the reply, I would really like to know, to see what debtors get paid, suppose il find out tomorrow  fingers crossed many thanks.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354.6K Banking & Borrowing
  • 254.5K Reduce Debt & Boost Income
  • 455.5K Spending & Discounts
  • 247.5K Work, Benefits & Business
  • 604.4K Mortgages, Homes & Bills
  • 178.6K Life & Family
  • 261.9K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.