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  • RE: Basis period reform

    Thank you very much, Clive. That is very helpfull.
  • RE: Basis period reform

    Thank you for your replyy. This does not really answer my question, but it does point me in the right direction to, hopefully, find a solution to my query.
  • Basis period reform

    I am trying to fill in my own SA form for the first time but I am stuck at this question; "If you are affected by basis period reform, do you have a transition profit or loss to declare?" "You could be affected by the new tax year basis (also known as basis period reform) if you are self-employed (or in a trading partnership) and your business accounting year end does not match the tax year (is not on or between 31 March and 5 April). If you make up your business accounts for the 2023 to 2024 tax year to a date earlier than 31 March 2024, answer 'Yes' to this question. If this does not apply to you, answer 'No' to this question." I am unsure but I think my anwer should be NO as my business year runs from 1 June to 31 May. Any help or advice on this greatly appreciated. Thank you, Eric G
  • RE: HELP WITH SELF ASSESSMENT, PLEASE

    Thank you very much for your response. I have left it too late for this year but hopefully I will be able to do it myself next year.

    Feedback .
  • HELP WITH SELF ASSESSMENT, PLEASE

    SINCE 1998 MY ACCOUNTANT HAS ALWAYS DONE MY TAX RETURN. I "RETIRED" IN 2016 BUT KEPT ON A FEW CLIENTS, OF WHICH I STILL HAVE TWO. I AM NOW THINKING OF DOING IT MYSELF, TO SAVE ME FROM HAVING TO PAY £200 A YEAR TO THE ACCOUNTANT, BUT I AM STUCK RIGHT AT THE START. I HAD A GATEWAY ID A FEW YEARS AGO WHEN I APPLIED FOR MY STATE PENSION BUT I'VE FORGOTTEN MY ID AND PASSWORD, AND IN ANY CASE IT SEEMS THAT HMRC NO LONGER HAVE AN ID RELATING TO MY EMAIL ADDRESS. DO I NEED TO OBTAIN A NEW GATEWAY ID? AND DO I NEED TO REGISTER FOR SELF ASSESSMENT? OR WILL I HAVE TO GET THIS INFORMATION FROM THE ACCOUNTANT? THANKS FOR ANY HELP.