Legacy
https://help.gosimpletax.com/hc/en-gb/articles/200842855-Journals-Magazines-and-Subscriptions
Gaining extra experience in the field that you operate in is always a good idea, as this helps you to stay ahead of the curve and be more competitive. Can I claim? Yes. Conditions In the case of magazine and journal subscriptions, the total cost ...
https://help.gosimpletax.com/hc/en-gb/articles/200836415-International-Travels
Eventually, as your business grows, to achieve long term sustainability, reaching out to wider customer bases and travel abroad becomes a business objective. This is not necessarily confined to medium and large sized enterprises. Even sole-traders ...
https://help.gosimpletax.com/hc/en-gb/articles/202028868-Self-Employed-SimpleTax-s-Expenses-List
According to HMRC " If you are self-employed you’ll have various running costs and expenses. You take these costs and expenses away from your business income to work out the profit in your accounts. You can only deduct certain expenses as they aren't ...
https://help.gosimpletax.com/hc/en-gb/articles/202028588-What-is-a-Personal-Allowance-
Much to the disappointment of HMRC, most UK taxpayers are entitled to a personal allowance. This is money you’re allowed to earn each year which is free from taxation charges. If you’re struggling to get your head around personal allowances, ...
https://help.gosimpletax.com/hc/en-gb/articles/202028638-What-are-Capital-Allowances-
If you are self-employed you’ll have various running costs and business related expenses. You take these costs and expenses away from your business income to work out your profit in your accounts. The items of expenditure are written up as a cost. ...
https://help.gosimpletax.com/hc/en-gb/articles/202269108-Freelancer-A-Beginners-Guide
The basics of freelancing Step 1: Registering and Taxes Get your UTR (Unique Taxpayer Reference) Receiving your UTR Activating your HMRC Registr
https://help.gosimpletax.com/hc/en-gb/articles/115001159664-How-do-I-create-a-partnership-full-
If your business turnover is over £83000 during 2016-17 or £85000 for the tax year 2017-18, you will have to complete the Partnership Full Statement. The Partnership full will require more detail than the partnership short Tax Return e.g. If the ...
https://help.gosimpletax.com/hc/en-gb/articles/115001159684-How-do-I-add-the-Property-SA801-schedule-
Click on + NEW PAGE Select Property (SA801) from the list of schedules displayed Enter the Property Basic Details Enter the Tax Adjustments (if any) Click SAVE
https://help.gosimpletax.com/hc/en-gb/articles/115000487044-Can-my-tax-bill-be-collected-via-my-PAYE-tax-code-
You can pay your Self Assessment bill through your PAYE tax code as long as all these apply: 1. You owe less than £3,000 on your tax bill. 2. you already pay tax through PAYE , eg you're an employee or you get a company pension. 3. You submitted your ...
https://help.gosimpletax.com/hc/en-gb/articles/360000407124-How-do-I-update-my-subscription-details-
You can watch the video above on how update your subscription details for SimpleTax. Firstly, you need to log in to your SimpleTax account. Once on the home page click 'settings' to update your details. Now click on 'subscription detail' this will ...
https://help.gosimpletax.com/hc/en-gb/articles/360001411224-Foreign-Income-Residential-Finance-Costs
The remaining 50% of the finance costs (the restricted finance costs’) from each residentialproperty business operated by persons abroad is used as a basis for calculating a reductionto your Income Tax. To show this in box 13.1 of the SA106 Click ...
https://help.gosimpletax.com/hc/en-gb/articles/360000571120-Submitting-Tax-Returns-as-an-Agent
Click on SETTINGS Indicate that your filing Tax Returns on behalf your clients Enter your Practice Name, Agent ID, HMRC User name and SAVE Click on EDIT to go back to the main screen Click on VALIDATE MY TAX RETURN Click YES to proceed ...
https://help.gosimpletax.com/hc/en-gb/articles/360000135930-Income-tax-refunded-or-set-off-by-job-centre
help page available for this Income Tax Refunded goes on the ALMOST THERE PAGEClick on VALIDATE MY TAX RETURN Click on YES to proceedsee image below - answer YES and enter the amountClick on REVIEW CALC and proceed to save changesTo go back to the ...
https://help.gosimpletax.com/hc/en-gb/articles/360000144490-Can-I-resubmit-my-Tax-Return-
You can make a change to your tax return after you’ve filed it, for example because you made a mistake. You’ll need to make your changes by: 31 January 2018 for the 2015 to 2016 tax year 31 January 2019 for the 2016 to 2017 tax year 31 January 2020 ...
https://help.gosimpletax.com/hc/en-gb/articles/360000151164-Voluntary-Class-2-NIC
You can elect to make voluntary class 2 voluntary contributions Click on VALIDATE MY TAX RETURN Click on YES Answer YES to the question DO YOU WANT TO MAKE CLASS 2 VOLUNTARY CONTRIBUTIONS Tick the box to pay the maximum amount (£153.40- 2018/19) ...
https://help.gosimpletax.com/hc/en-gb/articles/360009607199-Connecting-to-Sumup
To connect to Sumup you must first add a self employed page in GoSimpleTax, if you have not done this during your initial set up you can use the '+ NEW PAGE' button to create the page. Please note that you will be able to try this integration during ...
https://help.gosimpletax.com/hc/en-gb/articles/115000001210-Does-SimpleTax-submit-Trust-SA900-tax-returns-
Unfortunately SimpleTax does not support the submission of Trust Tax returns (SA900). We only support the completion of the form SA107 required when an individual receives income from a Trust.We would recommend you visit the HMRC website at ...
https://help.gosimpletax.com/hc/en-gb/articles/360005587160-Connecting-to-Xero
To connect to Xero you must first add a self employed page in GoSimpleTax, if you have not done this during your initial set up you can use the '+ NEW PAGE' button to create the page. Please note that you will be able to try this integration during ...
https://help.gosimpletax.com/hc/en-gb/articles/115001159724-How-do-I-add-the-SA803-schedule-
Click on ADD NEW PAGE Select the Disposal of Chargeable Assets Page from the List of pages Click SAVE
https://help.gosimpletax.com/hc/en-gb/articles/115001159704-How-do-I-add-the-Foreign-Income-Schedule-SA802-
Click on + NEW PAGE Select Foreign (SA802) from the menu displayed Click SAVE To add foreign Income click on + INCOME Select the Income Category Enter the required details Click SAVE
https://help.gosimpletax.com/hc/en-gb/articles/360001649560-How-do-I-show-Student-Loan-payments-taken-from-my-pay-
On the Employment Page, click on + Group Expenses Select the group Student Loan Enter the amount paid and click on SAVE
https://help.gosimpletax.com/hc/en-gb/articles/115001153730-How-do-I-add-the-SA804-schedule-
NOTE: Will be available Sept 2017 Click on + NEW PAGE Select the Savings, Investments and Other Income Page from the List of schedules displayed
https://help.gosimpletax.com/hc/en-gb/articles/360000041600-I-have-an-existing-account-how-do-I-add-another-user-
If you already have a subscribed for account and you want to add another user to your account Click on SETTINGS Click on ADD EXTRA RETURNS Enter the number of additional returns required Click on BUY NOW and subscribe
https://help.gosimpletax.com/hc/en-gb/articles/360000322270-How-do-I-cancel-my-SimpleTax-automatic-subscription-renewal-
Login to SimpleTax Click on SETTINGS Click on SUBSCRIPTION DETAIL Click on the ACTIVE button Click on CANCEL SUBSCRIPTION
https://help.gosimpletax.com/hc/en-gb/articles/115000024370-Error-message-1046-Authentication-Failure-The-supplied-user-credentials-failed-validation-for-the-requested-service
The error message you have received is sent back from HMRC when the HMRC ID and password provided do not match their records. In order that you can submit your tax return when you are presented with question asking if you have a HMRC ID and password ...
https://help.gosimpletax.com/hc/en-gb/articles/360001684839-How-do-I-add-my-P11d-details-
On the Employment page, click on + INCOME Select Other Benefits P11D Enter the Income Details Click SAVE
https://help.gosimpletax.com/hc/en-gb/articles/360000026560-Losses-carried-back-to-previous-years
Click on + Group Expenses Select Tax Adjustments Select the category Current Year losses to carry back to previous years
https://help.gosimpletax.com/hc/en-gb/articles/360000590920-Adding-Switching-to-Another-Client
To add a new client Click on ADD/ SWITCH Click on ADD EXTRA TAX RETURNS to add a new client Enter the additional accounts required Click on BUY NOW To switch between users click on the ADD/SWITCH button Select a new user
https://help.gosimpletax.com/hc/en-gb/articles/360001649640-How-do-I-show-professional-subscriptions-paid-
On the Employment Page, click on +GROUP Expenses Select General Expenses Select Professional Fees and enter the amount
https://help.gosimpletax.com/hc/en-gb/articles/360001649700-How-do-I-add-Bank-Interest-
Click on + NEW PAGE Select the Investments, Interest & Dividends Page Click on + INCOME Select Interest from the drop down list Enter the amount and SAVE
https://help.gosimpletax.com/hc/en-gb/articles/115001159764-SA800-What-do-the-coloured-dots-mean-on-the-Partnership-Management-page-indicate-
Yellow - Not yet responded by the partners i.e they are a simpletax user but have not approved the updating of their records with the partnership. Green - Request approved by the partners - Partner has approved auto populatingRed - Request declined ...
https://help.gosimpletax.com/hc/en-gb/articles/360000043379-How-to-buy-a-multiple-user-account
Register at www.gosimpletax.com Use the details of the main account holder Go through the on boarding pages entering appropriate income Once on the system, click on Personal Details and enter the personal details of the first user Click on SUBSCRIBE ...
https://help.gosimpletax.com/hc/en-gb/articles/115001748884-Foreign-Income-not-liable-to-UK-Tax
You’ll need Helpsheet 211, ‘Employment –residence and domicile issues’ to work out the amount to put in this section if you • are, will be or have been, non-resident or claiming split-year treatment and have been non-domiciled • are, or will be, ...
https://help.gosimpletax.com/hc/en-gb/articles/360005587720-Manage-Mappings
If you are a Platinum user and are using one of our integrations to import data from the likes of Xero and Quickbooks you may want to speed up future imports. As part of the integrations we have already mapped the default headings to similar ...
https://help.gosimpletax.com/hc/en-gb/articles/360000137050-HOW-DO-I-REDUCE-MY-PAYMENTS-ON-ACCOUNT-
If you know your tax bill is going to be lower than last year, you can ask HM Revenue and Customs (HMRC) to reduce your payments on account Click on VALIDATE MY TAX RETURN Click on YES to proceed Answer YES to the question Are you claiming to ...
https://help.gosimpletax.com/hc/en-gb/articles/115001826324-Dividend-income-tax-calc-example-2016-17
“I have a non-dividend income of £40,000, and receive dividends of £9,000 outside of an ISA” Of the £40,000 non-dividend income, £11,000 is covered by the Personal Allowance, leaving £29,000 to be taxed at basic rate. This leaves £3,000 of income ...
https://help.gosimpletax.com/hc/en-gb/articles/115001823510-claim-bad-debts-relief
Click on Self Employment Click on + GROUP Expenses Add the group Financial & Insurance Add the category Bad Debts
https://help.gosimpletax.com/hc/en-gb/articles/202028738-Self-Assessment-Checker-UTR-request-
https://secure.gosimpletax.com/sa/ Wondering if you need to file a tax return? This is one question that you’ll need to get answered quickly. With the tax deadline fast approaching if you need to file a tax return you must register for your UTR ...
https://help.gosimpletax.com/hc/en-gb/articles/202079956-Student-Loan-Repayments
If you took out a Loan to fund your Tuition, this will need to be paid back. If you left your course early or before graduating you will also still have to pay back the Tuition fee loans and the maintenance loans. There are two types of ...
https://help.gosimpletax.com/hc/en-gb/articles/202028568-How-to-get-my-HMRC-User-ID-Password-and-UTR-
Registering for an HMRC User ID, Password and UTR. Register for self-assessment with the HMRC here. Complete the form. Sign a printed copy (sent to your email address) then post it to the HMRC. The address is on the form. Your UTR and activation ...
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