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The tax calculation is higher than my profit.

26/01/2018 13:33:03
I have a full-time job PAYE. I am also registered self-employed. My profit for 2017 was just £42 but my tax calculation is coming back at £100+

Why is this?
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The tax calculation is higher than my profit.

26/01/2018 13:56:44
Hi

We would need to see your tax return or calculation. Have you declared the amount of tax paid through PAYE? You can call the self assessment helpline on 0300 200 3310. The helpline is open Monday - Friday 8am to 8pm; Saturday 8am to 4pm and Sunday 9am to 5pm

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