Self Assessment Tax Question

[SunsetZed]

When completing ,my self assessment I enter my income and then in the next box I am asked to enter "UK tax taken off XXX pay". My question is should I enter the sum of the National Insurance Contributions for this Employment + Tax Deducted or only the income tax?

I'm hoping it's the former because if it's only the income tax then I don't see anywhere on the Self Assessment to enter my National Insurance Contributions.

[bogie]

Just the income tax

[SunsetZed]

bogie said:

Just the income tax

Thanks, is there somewhere I should enter the NI Contributions?

[Somebody]

SunsetZed said:

Thanks, is there somewhere I should enter the NI Contributions?

No. You don't declare your NICs.

[SunsetZed]

Somebody said:

SunsetZed said:

Thanks, is there somewhere I should enter the NI Contributions?

No. You don't declare your NICs.

Thanks

[Eric Mc]

People under PAYE should ignore NI when calculating any self assessment tax.

People who are self employed sole traders or a partner in a partnership ignore NI at their peril.

[SunsetZed]

Eric Mc said:

People under PAYE should ignore NI when calculating any self assessment tax.

People who are self employed sole traders or a partner in a partnership ignore NI at their peril.

Thanks Eric that helps a lot, for now I can ignore!

[Welshbeef]

SunsetZed said:

When completing ,my self assessment I enter my income and then in the next box I am asked to enter "UK tax taken off XXX pay". My question is should I enter the sum of the National Insurance Contributions for this Employment + Tax Deducted or only the income tax?

I'm hoping it's the former because if it's only the income tax then I don't see anywhere on the Self Assessment to enter my National Insurance Contributions.

On your P60 bottom left there is a big bold box with thick lines. In it it states total earned in this employment and directly under that is the total tax paid in this tax period.


It is a shame we cannot add the NI and income tax together I’d love that to be the case.

[SunsetZed]

Welshbeef said:

SunsetZed said:

When completing ,my self assessment I enter my income and then in the next box I am asked to enter "UK tax taken off XXX pay". My question is should I enter the sum of the National Insurance Contributions for this Employment + Tax Deducted or only the income tax?

I'm hoping it's the former because if it's only the income tax then I don't see anywhere on the Self Assessment to enter my National Insurance Contributions.

On your P60 bottom left there is a big bold box with thick lines. In it it states total earned in this employment and directly under that is the total tax paid in this tax period.


It is a shame we cannot add the NI and income tax together I’d love that to be the case.

You and me both!