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New Self employment tax advice please
RDB
Posts: 872 Forumite
in Cutting tax
I tried self employment from 1st Feb to 5th April before and after that on JSA.
Soon after starting I told IR that I have started a SE business and they sent me the form to declare you have started. By the time I got round to completing it I could see the business wasn't working so ceased trading just before I sent it back, explaining (in the box for any other info) I started on 1st Feb and finished on 5th April and didn't make any profit.
I haven't herd back from them at all, I hope they just opened and then closed it.
Do I have to fill in a self assessment or anything else as well?
Soon after starting I told IR that I have started a SE business and they sent me the form to declare you have started. By the time I got round to completing it I could see the business wasn't working so ceased trading just before I sent it back, explaining (in the box for any other info) I started on 1st Feb and finished on 5th April and didn't make any profit.
I haven't herd back from them at all, I hope they just opened and then closed it.
Do I have to fill in a self assessment or anything else as well?
0
Comments
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yes, you will have to self assess, showing your nil profit (or loss). The form should be with you soon.£705,000 raised by client groups in the past 18 mths :beer:0
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