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Help with tax return. Employed and self employed

2 replies

Creamcheeseontoast · 12/01/2018 10:54

OK so ball park figure

Employment earnings. 25k
Self employed work done. £1.4k

However. Employment expenditure I. E tools, equipment and workwear - 2k

Self employment expenditure - 2. 5k making me at a loss.

So how does it affect my gross if my s/e has made a loss

Would I get a rebate? Is it easier to get an accountant?

OP posts:
delilahbucket · 12/01/2018 18:32

You can deduct your loss from your employment earnings assuming you are asked trader. I have done this when I started my business.

delilahbucket · 12/01/2018 18:33

"a sole trader" not asked!

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