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Net loss but owe tax

Posted Sat, 23 Sep 2023 12:34:22 GMT by
Hello I wonder if anyone can help? I am employed (by the NHS) and pay tax through payroll/PAYE. I also have a very small business and make just over the £2000 threshold each year so am required to complete a tax return. This year I have made a loss but on completion of my tax return it is telling me that I owe tax. Can this be right? Thanks!
HMRC Admin 32 Response
Posted Mon, 02 Oct 2023 13:53:49 GMT by HMRC Admin 32 Response
Hi,

We would need to view your Self Assessment calculation to check why a balance due is shown.

Self Assessment: general enquiries

Thank you.

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