Steven Rigby
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RE: Transition Profits not being included in Taxable Profit
I also do not want to submit without it showing the correct figure as it is impossible to call. I have tried many times to call to query this and can either not get through at all or have sat on hold for over an hour just to be cut off before speaking to someone. -
RE: Transition Profits not being included in Taxable Profit
Yes, when I say not included in the profit mean on the Full Calculation page. So the income from self employment for the year is lower than it should be. -
Transition Profits not being included in Taxable Profit
Hi, I have a 20 month Basis period to report (12 months in the Standard part and 8 in the Transition part). I am completing the Self Assessment through the HMRC site. When entering the 20% of Transition Profit in to the "Spread of Transition Profit" box, the notes say this will be added in to the taxable profit for the year but it doesn't. Is this an error with the site?