Overview Chat Bike Members News Women
Viewing 3 posts - 1 through 3 (of 3 total)
  • Self assessment advice
  • coolhandluke
    Free Member

    I need to do one on line mainly to claim back tax on business miles but also, can I declare a "loss" from a self employed business interest and get anything back?

    Posted 14 years ago
    cyclistm
    Free Member

    Depends on a lot of factors.
    I would get a tax accountant to do it for you. For £150ish they will almost certainly save you more than that in tax.
    M

    Posted 14 years ago
    crispybacon
    Free Member

    The simple answer is 'Yes'.

    You will need to complete a 'Self Employed' page for the business & there is a box you complete to claim the 'loss' against other income.

    Posted 14 years ago
Viewing 3 posts - 1 through 3 (of 3 total)

The topic ‘Self assessment advice’ is closed to new replies.

Overview Chat Bike Members News Women