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Sam
Sam, Accountant
Category: Tax
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Self employed. Question 94 Capital account last two years did

Resolved Question:

Self employed. Question 94 Capital account last two years did not enter anything and no problem. Now is insisting I enter something. Help. Bill Upchurch
Submitted: 2 years ago.
Category: Tax
Expert:  Sam replied 2 years ago.
Hi Bill
Thanks for your question
As a self employed sole trader there is no need for you to complete any of the Balance sheet questions.
But you advise its Q94 which relates to Business assets not the capital account
So may I ask, if you wish to fill in this section (although not necessary) what entries have you made in boxes 90 91,92 or 93
Thanks
Sam
Customer: replied 2 years ago.
My apologies. I had not entered drawings in 97. Thanks
Expert:  Sam replied 2 years ago.
Hi
Drawings are at 98 - box 97 relates to capital introduced.
However, are you all sorted now?
Let me know if you require any further assistance
Thanks
Sam
Sam and other Tax Specialists are ready to help you
Customer: replied 2 years ago.
Tax submitted. Many thanks
Expert:  Sam replied 2 years ago.
Hi Bill
You are very welcome
Thanks
Sam