Starting up/ Business Expenses Q&A 19th April 11:00-15:00 » Course expenses » Go to message
We would need:

1. The name of the course itself
2. The certificate/qualification you will receive upon completion.
3. An explanation of how it is relevant to your business/line of work

As well as any other information which may be relevant.

Please provide as much information as possible.

Thanks.
Starting up/ Business Expenses Q&A 19th April 11:00-15:00 » Course expenses » Go to message
Hi there,

Thanks for your question. We would need more information to determine whether this expense was allowable or not. Please provide this in writing, heading your letter "Expenses claim" and send it to:

Self-Assessment
HM Revenue and Customs
BX9 1AS

You may wish to go online to gov.uk and consult HMRC manual EIM31624 to find more information on general rules on employees expenses; and manual EIM32520 for guidance about expenses relating to education, training and examination fees.
Starting up/ Business Expenses Q&A 19th April 11:00-15:00 » Cleaning company clothing » Go to message
Hi there,

Thanks for your question.

Yes, this would be a business expense.
Starting up/ Business Expenses Q&A 19th April 11:00-15:00 » What about tax credits? » Go to message
Hi there,

Thanks for your question. You can find an overview of Tax Credits - and within it a Tax Credits calculator - by going to https://www.gov.uk/working-tax-credit

Tax Credits payments are calculated based on your household income, as well various other factors. As such, you have to tell us about any changes to your circumstances. This also means that any of these changes can affect the amount you're entitled to, so make sure to let us know as soon as anything changes.

You can contact Tax Credits online using webchat by going to https://www.gov.uk/government/organisations/hm-revenue-customs/contact/tax-credits-enquiries and clicking on the link under the "Webchat" heading

You can also call the Tax Credits helpline on 0345 300 3900 (Mon - Fri 8am - 8pm, Sat 8am - 4pm, Sun 9am - 5pm)
Self Assessment Q&A on 26th January » Record keeping » Go to message
Hi there,

Unfortunately you would need to keep all records for at least 5 years after the 31 January submission deadline of the relevant tax year.

Thanks
Self Assessment Q&A on 26th January » Expenses - Software to be used for more than 2 years » Go to message
Hi there,

You would need to contact one of our technical advisors to give you further advice on this issue. Please contact on the following link:

https://www.gov.uk/government/organisations/hm-revenue-customs/contact/self-assessment

Thanks
Self Assessment Q&A on 26th January » Two jobs/ one s/e » Go to message
Hi there,

It is difficult to advise on how much tax you will pay without being able to access your record. In the 16/17 tax year the first £11,000 you earn is tax free. The next £32,000 you earn over this is charged at 20%.

If you need us to access your account, please contact our web chat facility at;

https://www.gov.uk/government/organisations/hm-revenue-customs/contact/self-assessment

Thanks
Self Assessment Q&A on 26th January » Can a Self-employed Sole Trader reside in another country ? » Go to message
Hi,

For the query on self employed residence you would need to seek advice from our Technical team at https://www.gov.uk/government/organisations/hm-revenue-customs/contact/self-assessment

With regards to Corporation Tax we cannot offer advice on this. You can contact them on 0300 200 3410.

Thanks
Self Assessment Q&A on 26th January » Filing on line/ paper records » Go to message
Hi there,

Unfortunately you would need to keep the records for at least 5 years after the 31 January submission deadline of the relevant tax year.

Thanks
Self Assessment Q&A on 26th January » working from home » Go to message
Hi there,

You can access advice on claiming expenses if you work from home at the following link;
https://www.gov.uk/expenses-if-youre-self-employed

Thanks
Self Assessment Q&A on 26th January » WiFi. Use » Go to message
Hi there,

You can claim this as a business expenses. You would need to work out the percentage that you use the WiFi for business purposes against how much you pay an include this in your return.
Self Assessment Q&A on 26th January » Self-employed - but also employed! » Go to message
Hi Anna,

You would need to fill out the Employed section and the Self employed section on the tax return. If you are completing online, make sure you say yes to the option of being an employee and yes to being self employed in section 3 'Tailor your Return' This will allow you to report you income from both employment and self employment.

Thanks
Self Assessment Q&A on 26th January » On-line self assessment » Go to message
Hi there,

Yes, you can print off the Self Assessment forms using the following link;

https://www.gov.uk/self-assessment-forms-and-helpsheets

Thank you
Self Assessment Q&A on 26th January » Paying Class 2/Class 4 National Insurance » Go to message
Hi,

You would pay Class 2 National Insurance if your Self Employed profit was over £5965 at a rate of £2.80 per week.

Class 4 would be charged at 9% of your profit over £8060.

You can check if you are registered by contacting our webchat advisors at https://www.gov.uk/government/organisations/hm-revenue-customs/contact/self-assessment.

Thanks
Self Assessment Q&A on 18th January » Class 2 and pension » Go to message
Hi there, thanks for your question.

Class 2 National Insurance is now billed annually via your Self-Assessment tax return and for the current tax year (2017/201 it is charged at a rate of £2.85 per week of self-employment when your profits go over £6025 . If your profits are below this you can choose to pay voluntarily on your return.

For a State Pension Forecast, you can call the Pension Forecast helpline (Department for Work and Pensions) on 0800 731 0175 (8am - 6pm Monday to Friday)

Further info can be found on gov.uk.