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dawnn93
05-05-2013, 11:47 PM
this will be my first year for doing my tax return it all seems a bit straight forward, apart from what is the taxable allowance for the year 2011-2012 as im unsure of this

christine e
06-05-2013, 06:44 AM
you can find details of personal allowance here

HM Revenue & Customs: Income Tax allowances (http://www.hmrc.gov.uk/rates/it.htm)

so £7475 for 2011 - 2012 but the return due to be filed in the coming months should be the 2012 - 2013 return and the allowance for that period is £8105

Velleity
06-05-2013, 06:37 PM
Can someone please tell me whereabouts in the tax return you put this figure?

Chatterbox Childcare
06-05-2013, 06:43 PM
You don't - when you put figures in the HMRC will calculate everything

Velleity
06-05-2013, 06:44 PM
Oops I added it to my expenses.