I was self employed since April 2019 to October 2019 then i became a director of my own company in October 2019. Now i have to do my self assesment tax return 2019 to 2020 and i am not sure if i have to do 2 self assesment, one as self employed and another as director? Or just one?
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Question about self assessment tax return
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You fill in 1 self assessment form a year and in your case you will need to fill in both the self employment and employment sections completed.Originally posted by Elizabeth View PostI was self employed since April 2019 to October 2019 then i became a director of my own company in October 2019. Now i have to do my self assesment tax return 2019 to 2020 and i am not sure if i have to do 2 self assesment, one as self employed and another as director? Or just one?merely at clientco for the entertainment -
Will your accountant not do a catch up for a one off fee for you?'CUK forum personality of 2011 - Winner - Yes really!!!!
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So there is only one form? Where i can fill in the period i was self employed and director. And i don´t need to fill in another form as director on the side? Thanks a lotOriginally posted by eek View PostYou fill in 1 self assessment form a year and in your case you will need to fill in both the self employment and employment sections completed.Comment
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get an accountant.Originally posted by Elizabeth View PostSo there is only one form? Where i can fill in the period i was self employed and director. And i don´t need to fill in another form as director on the side? Thanks a lot
To move from self-employed to running a LTD., with a frankly staggering lack of knowledge of the most basic personal tax self-assessment requirements, means you really needs professional help. You won't be able to do this on your own.See You Next TuesdayComment
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An accountant will generally either do your self assessment free or for a small fee if they also do the limited company's yearly accounts.Originally posted by Elizabeth View PostSo there is only one form? Where i can fill in the period i was self employed and director. And i don´t need to fill in another form as director on the side? Thanks a lot
You will have to do your own bookkeeping for the limited company but it's a piece of piss with online bookkeeping software.
Btw what state is your self-employment bookkeeping in?"You’re just a bad memory who doesn’t know when to go away" JRComment
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Even if one directors SA is in the package you'll have to pay for the first one as it includes information prior to engagement. They'll only offer free ones after a full year of engagement.Originally posted by SueEllen View PostAn accountant will generally either do your self assessment free or for a small fee if they also do the limited company's yearly accounts.
You will have to do your own bookkeeping for the limited company but it's a piece of piss with online bookkeeping software.
Btw what state is your self-employment bookkeeping in?'CUK forum personality of 2011 - Winner - Yes really!!!!
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Have you had a look at the HMRC site?
Tax return for Self Assessment - GOV.UK
This page shows the paper versions of the form and the guidance notes.
You'll need to tick options 1 and 2 to show you were both a director and self-employed in the tax year in question.
If you do this online then the form will only show the relevant sections of the entire SA100 that apply to that scenario. Otherwise, read the guidance notes to verify which sections you need to complete and what information you need to include.
Or, ask an accountant.Comment
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Mine didn't when I swapped.Originally posted by northernladuk View PostEven if one directors SA is in the package you'll have to pay for the first one as it includes information prior to engagement. They'll only offer free ones after a full year of engagement."You’re just a bad memory who doesn’t know when to go away" JRComment
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Got a nice deal there then.Originally posted by SueEllen View PostMine didn't when I swapped.'CUK forum personality of 2011 - Winner - Yes really!!!!
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