urgent help.. net profit in self employment

[rpsarangi]

Hi I am worried about an point.. please help me...
I have a letter from the accountant which have a net profit after the deductions of my expenditure from the gross income in self employment.
I have filed a tax return to the HMRC and the amount is yet to be paid.

My concern is will HO consider the net profit thats mentioned by accountant which is before the tax amount is paid to HMRC or the tax amount should be taken off from net profir to give the final net profit..

I need urgent help as i am applying in 2-3 days time..so that i can change the letters accordingly..

please help..

[alimohmand]

Hi, Please search this forum and you will find loads of similar queries

Anyways to answer your question

HO will consider your profit i.e Any expenses etc but not the tax amount which you will be paying for your tax year etc.

Good Luck

[rpsarangi]

Thanks for the reply. Your answer solves my quiery for the net and gross profit. thanks