PDA

View Full Version : Tax rebates?


mark2123
6th June 2006, 10:52
Hi,

I've closed partnership and done my self assessment online. Partnership made a loss and I put this info in my online self assessment, but the SA did not appear to take into account my losses in the partnership when arriving at the final figure.

When can I expect to receive tax rebate from the losses made in partnership against the money paid in tax in a 9-5 job with PAYE?

Thanks,

Mark.

Alpha
6th June 2006, 11:03
How much are the losses and what is your percentage of the partnership?

mark2123
6th June 2006, 11:21
50/50 partnership, losses £8k so for me £4k. I also paid £5,800 in tax this year in my usual paid job via PAYE.

Alpha
6th June 2006, 12:24
see PM:smile: