Pension income

Question asked by Jane Still 1 month ago

I'm using the sole trader package to record private tuition income. I also am receiving my state and teachers' pensions into the same bank account. Do I record them as 'personal' or delete them in some way?

Write reply1

1 Reply

Hi Jane,

You should record pensions as personal transactions. This is reported on your MTD Tax Return account at the year end.

Tommy

4 weeks ago

Reply to this question

Attach images by dragging and dropping or upload
 

Your comments will be public and can be answered by anyone in the Clear Books community.

Find out what we do and who we are

Apps

Company

Social