self employed p45 issue

[ncforthisx]

I've been self employed for two years but haven't made any tax contributions because we haven't made any money.

for this reason I'm now going back into employment but my employer is asking for a p45, which I don't have.

What is the next step? I'm stuck!

You will need to inform HMRC you are no longer self employed and fill in a final tax return.

The information from the final tax return will be sufficient for your new employer.

Your new employer doesn't have any reason to see your tax return. They just need your tax info (name, NI number, address) to set you up on their system. The form P46 asks all the relevant questions so if you complete this and hand it to your new employer they should be able to set you up on their payroll system.

Your tax return is completely separate. You have to do a final return and show any self employed and employed income received in the tax year but it's not due until jan 2016

Thank youEauPea and Riksti!