Help any one still online???
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  1. #1
    Join Date
    Jan 2008
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    Default Help any one still online???

    Im trying to do the online tax return - Im struggling

    Ive got to bit 4 -
    Turnover - takings, fees, sales or money earned by your business: £
    Any other business income not already included above: £
    Total business income: £ ****** Expenses
    How would you like to record your expenses? as a single total valueas a detailed breakdownTotal allowable expenses: £

    then this comes up
    the red bit im confused on... any ideas

    You can claim capital allowances for the purchase and improvements to equipment and machinery such as vehicles, tools, computers, business furniture used in your business.

    There are notes and working sheets that you can download to help you calculate these allowances
    Annual Investment Allowance: £
    Allowance for small balance of unrelieved expenditure: £
    Other capital allowances: £
    Total balancing charges - where you have disposed of items for more than their value: £


    sorry i know this is in the wrong place but im at this point now and confused

  2. #2
    Join Date
    Dec 2007
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    Default Re: Help any one still online???

    am up but no help sorry, my hubby does it all for me, but he's asleep, he'd kill me if I woke him up to ask!

  3. #3
    Join Date
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    Default Re: Help any one still online???

    Im gonna call them!

  4. #4
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    Sep 2007
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    Default Re: Help any one still online???

    Did you get it sorted out Emma ?

  5. #5
    Join Date
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    Default Re: Help any one still online???

    Quote Originally Posted by Mollymop View Post
    Did you get it sorted out Emma ?
    Yes thankyou, they talked me thought the whole thing!! I dont need to pay any tax yay!!

  6. #6
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    Default Re: Help any one still online???

    Glad it's all done and you don't have to pay tax!

 

 

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