I am just finishing off my SA and there seems to be a difference in how schedule E expenses (paid out of own pocket) are handled from last years SA.
In this years calc they add these expenses to your total income that is subject to income tax whereas last year it looks like expenses were not included in the income tax calc (ie they were allowable expenses) ?
My accountant say there should be another field for expenses incurred for which you can claim tax relief, but I can't see it. Anyone done this on their SA?
In this years calc they add these expenses to your total income that is subject to income tax whereas last year it looks like expenses were not included in the income tax calc (ie they were allowable expenses) ?
My accountant say there should be another field for expenses incurred for which you can claim tax relief, but I can't see it. Anyone done this on their SA?
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