Quick one - self assessment tax return

clarety · Post by **clarety** » Sat Jan 28, 2023 7:52 pm

Hello. An exciting topic for a Saturday night! Some clever people on here so thought I'd just put it out there. Have HMRC changed the way you declare your expenses for a self-assessment? It's categorised but I remember it being earnings and expenses as two figures and then the tax you owe. Is that still the case somehow? Just a little enquiry. Hope that's okay. Thanks. UTC.

Zooniverser · Post by **Zooniverser** » Sat Jan 28, 2023 8:28 pm

Hi
Income and expenses are reported in separate boxes.
If your income is less than £85k you can report your expenses as a single figure.
Does that answer your question or is there anything else I might be able to help with?

clarety · Post by **clarety** » Sat Jan 28, 2023 8:35 pm

Hello, thanks. Yes, I have previously reported expenses as a single figure but this time, for some reason, I'm not getting that option. It takes me straight to the more detailed, categorised way of doing it and to be honest I don't understand half of the categories! I'd rather do it as a single figure. Is there something I may have ticked to stop me from reporting it as a single figure?

Zooniverser · Post by **Zooniverser** » Sat Jan 28, 2023 8:50 pm

On the previous page you need to say your turnover is less than £85k and that you want to report your expenses as a single figure.
It should give you the option then.

clarety · Post by **clarety** » Sat Jan 28, 2023 9:01 pm

Thanks, I know what you mean as it's something I've done before but this year I just can't see that option. I enter my turnover (less than £85k) and then the next page is the detailed expenses breakdown with no choice of the single figure. Frustrating. Thanks for your help, I'll keep trying!

Zooniverser · Post by **Zooniverser** » Sat Jan 28, 2023 9:07 pm

At the start of the section there is a question about whether or not your turnover is less than £85k.
You need to select No and then say you want to enter your expenses as a single figure.

AmbleClaret · Post by **AmbleClaret** » Sat Jan 28, 2023 9:09 pm

Just change your name to Zahawi and declare nothing,job sorted.

GasPoweredZebra · Post by **GasPoweredZebra** » Sat Jan 28, 2023 10:24 pm

Or use a Chartered Accountant...

Zooniverser · Post by **Zooniverser** » Sat Jan 28, 2023 11:25 pm

I am one. I’m filing these in constantly at the moment. I wish I could post images to make this more obvious.
I hope clarety is ok and am willing to continue to help.

clarety · Post by **clarety** » Sun Jan 29, 2023 12:33 am

Thanks Zooniverser, that's really kind. Had a breakthrough tonight. Dim moment. Had just accidentally clicked something earlier on.

Quick one - self assessment tax return

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