Turnover threshold

Accounting periods in the tax year... Turnover threshold
2013 and later

The turnover threshold for Self-employments is £77,000 for accounting periods in the tax year 2013 and later.

This means that if the annual turnover of the business is less than £77,000, you can choose to complete the Self-employment (short) (SA103S) pages. You may also then opt to complete only Turnover (box 8) and Total Allowable expenses (box 19) on page SES 1 of the form.

2012

The turnover threshold for Self-employments is £73,000 for accounting periods in the tax year 2012 and later.

This means that if the annual turnover of the business is less than £73.000, you can choose to complete the Self-employment (short) (SA103S) pages. You may also then opt to complete only Turnover (box 8) and Total Allowable expenses (box 19) on page SES 1 of the form.

2011

The turnover threshold for Self-employments is £70,000 for accounting periods in the tax year 2011.

2010

For accounting periods in the tax year 2010, the turnover threshold was 68,000.

2009

For accounting periods in the tax year 2009, the turnover threshold for the Self-employment (short) pages was 67,000. You also had the option to submit the summary information of turnover and total allowable expenses if the turnover was below £30,000.

2008

For accounting periods in the tax year 2008, you could submit the Self-employment (short) (SA103S) pages or summary information of turnover and total allowable expenses if the turnover amount was less than £30,000.

2007 and earlier

For accounting periods in the tax year 2007 and earlier, the Self-employment (short) pages were not available. You could submit summary information of turnover and total allowable expenses if the turnover was less than £15,000.

In all cases you always have the option to submit full standard accounts information regardless of turnover.