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I'm doing my taxes...I know very late..quick question please ??

(7 Posts)
Diabolomenthe Wed 28-Jan-15 21:57:43

I don't what it's called but last year I seem to remember we were allowed 7 or 8 thousands non taxable ?? How much it is this year ??

superram Wed 28-Jan-15 22:20:41

Not sure but they work it out for you when you have completed the form-you just need to know income and expenses. It wasn't too bad except for the wording of the questions.

nannynick Wed 28-Jan-15 22:45:54

Rates and Allowances - 2013/14

Personal allowance £9440

Does not make a difference though when completing self assessment to my knowledge, as that asks about turnover, expenses, profit.

Diabolomenthe Wed 28-Jan-15 22:48:54

Thank you !!!

AuditAngel Wed 28-Jan-15 22:50:48

When you do the return the personal allowance should be deducted automatically

atticusclaw Wed 28-Jan-15 22:51:36

As others have said you don't need to know this. It calculates automatically.

AuditAngel Wed 28-Jan-15 22:56:02

Incidentally, I only did DH's return yesterday.

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