Disallowable expenses

MoneyTreeMe

Hi,
After completing the allowable expenses section of the HMRC online self assessment, it takes me to page showing disallowable expenses... Do I really need to add up how much I spent on food everyday, the bits and pieces I bought from shops like games, clothes, gifts and so on during the entire tax year? Or can I leave the boxes blank and not add anything ?

What does HMRC want me to do here?  Do they mean 'disallowable business' expenses or 'disallowable everyday personal expenses like food/clothes etc'?

I am self employed sole trader who works from home... 

Pennywise

Disallowable means the private/disallowed portion of whatever you put in the normal expenses boxes.  So, say, if you put down your total mobile phone bills, say, £500, in the first section, and half the use was for private calls, you put £250 in the disallowed section.  Same with other costs.  You don't put anything in the disallowed section that wasn't in the first section.  Expenses which are purely private shouldn;t have been included in the first section anyway, so don't need to be put in the second disallowed section.

MoneyTreeMe

Pennywise said:

Disallowable means the private/disallowed portion of whatever you put in the normal expenses boxes.  So, say, if you put down your total mobile phone bills, say, £500, in the first section, and half the use was for private calls, you put £250 in the disallowed section.  Same with other costs.  You don't put anything in the disallowed section that wasn't in the first section.  Expenses which are purely private shouldn;t have been included in the first section anyway, so don't need to be put in the second disallowed section.

Oh that makes sense!! I can't see an option on the online form about payments on account. I already have payments on account which I paid last year towards this year's tax... How do I carry them over towards this year's tax bill? 

Dazed_and_C0nfused

You don't.  You file the return and then check your online account in a few days.

That will show the amount due for 2019:20 and how it has been split into POA and Balancing Payment along with any POA due for 2020:21.

MoneyTreeMe

Dazed_and_C0nfused said:

You don't.  You file the return and then check your online account in a few days.

That will show the amount due for 2019:20 and how it has been split into POA and Balancing Payment along with any POA due for 2020:21.

Ok,  will HMRC automatically reduce this year's tax by subtracting last year's payments on account which I paid July 2020?