Who should use the
SA103S Self-employment Short form
The Self-employment Short form
SA103S
are designed for more straightforward businesses where turnover (the
total takings, fees, sales or money earned by your business) is less
than £6
8,000 a year (or would be if you were trading for a full
year). To use this form within
Andica Self
Assessment software for individual tax payers returns, while you
are within the 'What makes up your Tax Return' screen, select the
check-box for Question 2 and Select the option for 'Short'.
You must NOT use the short pages if:
- your annual turnover was £70,000 or more
- you have changed your accounting date
- the results of your accounts, made up to a date in the year to
5 April 2011, have been declared on a previous Tax Return
- you no longer prepare your accounts on the 'cash basis' but
have changed to ‘generally accepted accounting practice’ (GAAP)
(also known as the 'true and fair basis')
- you provide your services under contracts for professional or
other services and have made an entry for adjustment income in
earlier Returns
- you are a practising barrister
- your business is carried on abroad
- you wish to claim Agricultural or Industrial Buildings
Allowance or other capital allowances for items apart from
equipment and machinery
- your 'basis period' – that is, the self-employed period for
which you are taxable – is not the same as your accounting period
- you wish to claim 'overlap relief'
- you are a farmer, market gardener or a creator of literary or
artistic works and you wish to claim averaging
Instead, you must complete the
SA103F Self-employment Full forms.
Names at Lloyd’s of London have their own version of Self-employment
pages SA103L
Lloyd's Underwriters.
You may need to complete more than one set of Self-employment
form if:
- you have more than one business, even if you have one set of
accounts covering all your businesses
- you have recently started or ceased in business or you have
changed your accounting date and you need more than one set of
accounts to arrive at your taxable profit
You can use
SA103S Short notes to assist with information on how to complete
the Self Employment Short form.
Andica Self Assessment
Tax
Returns Software for Individual tax payers provides features for
completion of SA103S Self Employment Short forms along with
SA100 Main tax
return and all other
supplementary forms.