PpneSteve
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Personal income tax allowance and self employed tax returns
Hi, I receive pension payments each month from a private pension annuity. The income tax is taken through PAYE on my personal income tax account. I have recently started my own light goods transport company. (Sole Trader). I need to complete a business account tax return for FY 2023 to 2024 but I’m not clear on how I can stop the personal allowance being deducted from my businesses tax return?