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  • FIRST POST
    • debtfreeian
    • By debtfreeian 13th Jan 19, 3:27 PM
    • 132Posts
    • 21Thanks
    debtfreeian
    Self assessment - Stopped self employment mid-year help
    • #1
    • 13th Jan 19, 3:27 PM
    Self assessment - Stopped self employment mid-year help 13th Jan 19 at 3:27 PM
    Hi, I unregistered as self employed at the end of June 2017. I'm now filling in my tax return and filling in that date as the end date for self employment.

    My issue is that sales for the period of April-June is 25000 so the hmrc site assumes my turnover for the year is over 85000. So I get the following message.

    The amount entered for 'Turnover - takings, fees, sales or money earned by your business' exceeds the maximum annualised amount allowed for this field. Please amend or complete the full self employment pages instead.

    I can't continue unless I state my turnover for the period is over 85,000 which isn't true. Am I missing something? Thanks
Page 1
    • Dazed and confused
    • By Dazed and confused 13th Jan 19, 4:02 PM
    • 4,216 Posts
    • 2,175 Thanks
    Dazed and confused
    • #2
    • 13th Jan 19, 4:02 PM
    • #2
    • 13th Jan 19, 4:02 PM
    I can't continue unless I state my turnover for the period is over 85,000 which isn't true. Am I missing something? Thanks
    But it is true. Your annual turnover is approx 100k.

    The bit you quote refers to annualised turnover.

    Sound like you need to complete the full Self Employment pages, not the short version.
    • debtfreeian
    • By debtfreeian 13th Jan 19, 4:06 PM
    • 132 Posts
    • 21 Thanks
    debtfreeian
    • #3
    • 13th Jan 19, 4:06 PM
    Thanks
    • #3
    • 13th Jan 19, 4:06 PM
    OK I get that but then it goes into taper relief and all sorts which isn't relevant. OK I guess I'll have to fill in the extended pages.
    • polymaff
    • By polymaff 13th Jan 19, 4:36 PM
    • 2,580 Posts
    • 1,165 Thanks
    polymaff
    • #4
    • 13th Jan 19, 4:36 PM
    • #4
    • 13th Jan 19, 4:36 PM
    What starting date did you choose for your self-employment annual period and when did you start that period of self-employment?
    • debtfreeian
    • By debtfreeian 13th Jan 19, 4:57 PM
    • 132 Posts
    • 21 Thanks
    debtfreeian
    • #5
    • 13th Jan 19, 4:57 PM
    • #5
    • 13th Jan 19, 4:57 PM
    Hi there is only two dates. The date the business ceased trading and the date the books are made up to. The date was the same for both these (30/07/2018).
    • Dazed and confused
    • By Dazed and confused 13th Jan 19, 5:30 PM
    • 4,216 Posts
    • 2,175 Thanks
    Dazed and confused
    • #6
    • 13th Jan 19, 5:30 PM
    • #6
    • 13th Jan 19, 5:30 PM
    Post 1
    Hi, I unregistered as self employed at the end of June 2017. I'm now filling in my tax return and filling in that date as the end date for self employment.
    Post 5
    Hi there is only two dates. The date the business ceased trading and the date the books are made up to. The date was the same for both these (30/07/2018).
    Count me out
    • debtfreeian
    • By debtfreeian 13th Jan 19, 5:36 PM
    • 132 Posts
    • 21 Thanks
    debtfreeian
    • #7
    • 13th Jan 19, 5:36 PM
    • #7
    • 13th Jan 19, 5:36 PM
    OK thanks smart alec... it was a simple typo. I took on board what you said and appreciated it. I was then asked another question and I entered an incorrect date accidently which you spotted. Well done!
    Last edited by debtfreeian; 13-01-2019 at 5:37 PM. Reason: Spelling mistake correction before I get jumped on.
    • purdyoaten2
    • By purdyoaten2 14th Jan 19, 8:32 AM
    • 1,019 Posts
    • 501 Thanks
    purdyoaten2
    • #8
    • 14th Jan 19, 8:32 AM
    • #8
    • 14th Jan 19, 8:32 AM
    OK I get that but then it goes into taper relief and all sorts which isn't relevant. OK I guess I'll have to fill in the extended pages.
    Originally posted by debtfreeian
    I presume that you are referring to overlap relief. In that case, we do require answers to the question raised by polymaff.

    When did you start trading?
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