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A question for freelancers who file their own self-assessment tax forms

7 replies

Oshun124 · 30/07/2024 13:26

This is the first year that I'm filing directly - usually I have a tax advisor but this year has been so slow I've decided to get to grips with filing directly.

I've filled out the form. My advisor would have typically sent in supplementary forms, detailing mainly how he arrived at calculations and more of a breakdown of expenses.

We're not talking big figures, particularly.

Do I need to do this? Is it the done thing? Or can I just rely on figures in the form?

OP posts:
brightonrock123456789 · 30/07/2024 13:36

Sorry, not sure but bump

AllThatFancyPaintsAsFair · 30/07/2024 13:39

You don't need to send in the details of the expenses, the total is fine but obviously keep the working

Piffpaffpoff · 30/07/2024 13:41

I don't submit any calculations but I keep the details on file in case they ever ask...

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Cooroo · 30/07/2024 13:43

I've never submitted details. No problems. I can tell them if they ask but they haven't. Only turnover £10,000 pa so I guess not worth their while!

MounjaroUser · 30/07/2024 13:44

There's an option box where you tick whether you just want to give totals or whether you want to give a breakdown. Not sure exactly where it is, presumably on the page where you have to declare turnover etc.

PistachioFrapp · 30/07/2024 13:47

Just keep a simple spreadsheet with two lists:

List of your income, by invoice, date etc
List of expenses with dates and type.
Make sure you have all supporting paperwork.

Just give the totals to HMRC - self assessment and uploading tax is actually pretty straightforward. In the unlikely case they want more info you will have it ready and waiting.

Oshun124 · 30/07/2024 14:21

Hi - thanks all. I've got all the supporting info and details here, so that's fine.

Appreciate the responses.

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