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if you have your own company thanvikas_2603 wrote:Hi
Also, what is the full financial year? Is it 6th April 2013-5th April 2014 or my company's tax year which runs from October to October?
Thanks in advance
my total income from self employed is £17,500 after expence net proffit is £9,300 also my business total income is £13,000 after expence net profit is £9,550. how do i fill Part 3C 3.58 catagory F (what the amount to put there) and whats the amount would be in Part 3D (d)(e)&(F)( i mean total income or net profit)vikas_2603 wrote:Hi
In section "3.3 From the list below, please indicate the main method of meeting the financial requirement."
I select "Income from self employment >>>>"
Now I need to select "Indicate which option you are relying on>>>>> category F or category G.
I am not sure which option to select here? If I select category F, it asks me to fill up section 3D as my income exceeds the requirement of £18,600. I don't have any other income in the UK except for self employment.
If I select category G, it asks me for 2 years' self employment earnings but I am self employed only for past 1 year and 8 months.
Also, what is the full financial year? Is it 6th April 2013-5th April 2014 or my company's tax year which runs from October to October?
Thanks in advance