I am trying to take advantage of a quiet period to get ahead of things and complete my self-assessment tax return (because of a property rented out). Using TaxCalc to help submit online, I have entered the figures from my P60 and the tax I have already paid and it's saying I owe several thousand more (this is before entering any income from property rental so does not include tax on that).
I assume this is because of expenses (as well as routine expenses I had operational allowance on tour) - presumably they're included in the total income on P60 but not taxed, but the TaxCalc software doesn't recognise that as non-taxed. Does anyone know of an easy way to find non-tax income, or do I go through individual pay statements and add up?
Thank you in advance!
I assume this is because of expenses (as well as routine expenses I had operational allowance on tour) - presumably they're included in the total income on P60 but not taxed, but the TaxCalc software doesn't recognise that as non-taxed. Does anyone know of an easy way to find non-tax income, or do I go through individual pay statements and add up?
Thank you in advance!