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Posted Tue, 05 Nov 2024 18:51:50 GMT by kaiyo
Just wondering if income tax paid can be included as an expense on the following year's self assessment? For example, say I paid £500 tax in my 23/24 self assessment, can I include that £500 as an expense in my 24/25 self assessment?
Posted Wed, 06 Nov 2024 12:53:43 GMT by HMRC Admin 10 Response
Hi
Assuming you are self emplyed here is information about allowable expenses Expenses if you're self-employed

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