I am filling in my Tax Return. Q10 says to put in your interest payments. Is that for income between 5/4/2002 amd 4/4/2003?
I am self-employed and my accounting year runs until 31st December. Is this irrelevant because one is for personal income and the other is for my self-employed biz? Or, do I need to do the interest up until 31st December also?
Regards,
Jon
6/4/03 to 5/4/03
Yes.
If you have bank interest on your business account, then that will have to be deducted when working out your taxable profit on the business. You will enter the interest for the tax year in the interest section of the return.
"Jonathan Bryce" wrote
^^^^ Spot the deliberate typo!!!!
... perhaps should be: (strictly) "between 5/4/2002 and 6/4/2003" ...
Of course, just making sure you are awake.
What do you mean you don't believe me?
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