Tax Return Part PAYE/Part CIS

[DanGPR]

So this year is the first year I need to do a self-employed tax return.

What is slightly more complicated is that I started the financial year as a PAYE employee (until the end of June), and then I have been CIS self-employed since.

Do I just ignore the PAYE tax/NI contributions payed already and only declare what I have earned since being self employed? Or could it be possible that I would be owed a rebate from the PAYE employment as I was earning significantly more than my new line of work, and thus was in the higher tax bracket (redundancy sucks!).

Cheers, Dan.

[Eric Mc]

No - EVERYTHING in respect of your income and taxes relating to tax year 2016/17 needs to go on the 2016/17 tax return.

You will find the appropriate areas on the form (or the online version of it)

Did you not engage an accountant?

[DanGPR]

I'm trying to inform myself for the 17/18 return actually, no accountant thus far.

From others in the trade seems to be relatively straight forward to do yourself.

[Eric Mc]

DanGPR said:

I'm trying to inform myself for the 17/18 return actually, no accountant thus far.

From others in the trade seems to be relatively straight forward to do yourself.

It always seems straightforward when you think it's simpler than it really is. That's what Donald Trump has found about being President,.