Get UK SA103S 2024

For help filling in this form go to www. gov.uk/taxreturnforms and read the notes and helpsheets. Your name Your Unique Taxpayer Reference UTR Business details Description of business Postcode of your business address If your business name description address or postcode have changed in the last 12 months put X in the box and give details in the Any other information box of your tax return start date DD MM YYYY final date of trading DD MM YYYY Date your books or accounts are made up to If you used cash basis money actually received and paid out to calculate your income and expenses put X in the box If you are a foster carer or shared lives carer put X in the box Business income if your annual business turnover was below 85 000 Your turnover the takings fees sales or money earned Any other business income not included in box 9 also include any COVID support payments such as CJRS Trading income allowance read the notes Allowable business expenses If your annual turnover was below 85 000 you may just put your total expenses in box 20 rather than filling in the whole section. Costs of goods bought for resale or goods used SA103S 2023 Other allowable business expenses client entertaining costs are not an allowable expense Repairs and maintenance of property and equipment Rent rates power and insurance costs Phone fax stationery and other office costs Wages salaries and other staff costs Interest and bank and credit card financial charges Accountancy legal and other professional fees Car van and travel expenses after private use proportion Total allowable expenses total of boxes 11 to 19 Page SES 1 HMRC 12/22 Net profit or loss Net profit if your business income is more than your expenses if box 9 box 10 minus box 20 is positive Or net loss if your expenses exceed your business income if box 20 minus box 9 box 10 is positive Tax allowances for certain buildings vehicles and equipment capital allowances Do not include the cost of these in your business expenses. Self-employment short Tax year 6 April 2022 to 5 April 2023 2022 23 Please read the Self-employment short notes to check if you should use this page or the Self-employment full page. Annual Investment Allowance Total balancing charges for example where you have disposed of items for more than their tax value Freeport Structures and Buildings Allowance Zero-emission car allowance The Structures and Buildings Allowance Allowance for small balance of unrelieved expenditure Other capital allowances Calculating your taxable profits Your taxable profit may not be the same as your net profit. Please read the Self-employment short notes to see if you need to make any adjustments and fill in the boxes which apply to arrive at your taxable profit for the year. Goods and/or services for your own use Net business profit for tax purposes if box 21 box 26 box 27 minus boxes 22 to 25. 2 is positive. Or if you ve completed box 10. 1 box 21 box 26 box 27 minus box 10. 1 Loss brought forward from earlier years set off against this year s profits up to the amount in box 28 or box 10 Total taxable profits or net business loss If your total profits from all Self-employments and Partnerships for 2022 23 are less than 6 725 you do not have to pay Class 2 National Insurance contributions but you may want to pay voluntarily box 36 to protect your rights to certain benefits.