HM Revenue & Customs

Self Employed full 08 - If you provided the information about your 2020 to 2021 profit on last year's tax return

If you provided information about your tax year 6 April 2020 to 5 April 2021 profits on your 6 April 2019 to 5 April 2020 return, select 'Yes' otherwise, select 'No'.

If you provided information about your tax year 6 April 2020 to 5 April 2021 profit on last year's tax return you only have to complete the following sections:

and ensure a zero is displayed in 'Net business profit for tax purposes' or 'Net business loss for tax purposes'.

For example, if you started your trade on 1 May 2019 and made up your 1st accounts to 30 April 2020, you may already have provided information for that 12 month accounting period on your 6 April 2019 to 5 April 2020 tax return.