• Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
  • Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!

How to put loan into self assessment

Collapse
X
  •  
  • Filter
  • Time
  • Show
Clear All
new posts

    How to put loan into self assessment

    All,

    I am looking for urgent help please please reply....

    I had loans from trust, I am planning to put my loan figures from 2016-17 into the self assessment.

    Can someone please advice how to put it or is it better to use CLSO2. What will be the consequences if I don't disclose and go through CLSO2.

    Also if anyone has done it. it would be good if you can help with the narrative/description.

    Please help...asap if possible.

    #2
    Did you get professional help from a tax specialist, as was suggested in the other threads you’ve posted on here?
    …Maybe we ain’t that young anymore

    Comment


      #3
      Originally posted by WTFH View Post
      Did you get professional help from a tax specialist, as was suggested in the other threads you’ve posted on here?
      I have PMed the OP my phone number. No contact yet.

      As has been pointed out by many posters, taking advice that is free is fraught with danger on such a complex issue.

      A tax barrister has won part of an appeal against three penalties for inaccuracies, after the FTTT found he had relied on professional accountancy advice and could not be expected to have specialist knowledge of all areas of taxation.

      http://financeandtax.decisions.tribu...%20Amended.pdf

      Some of those on here providing free advice have some sort of solution you can pay for. Some of us are independent.

      Comment

      Working...
      X