PTP TR - Farmers and creative person averaging

Article ID

kba-02870

Article Name

Created Date

19th July 2011

Product

Problem

I have a client for whom I intend to make a farmers averaging claim, what does this mean for my client?

Resolution

Users are required to calculate the averaged profit manually and enter the relevant boxes with the revised profit figure. Users are advised to seek assistance from HMRC for further details:
https://www.gov.uk/government/publications/farmers-and-market-gardeners-hs224-self-assessment-helpsheet

Thank you for your feedback.

Was this useful?

Yes No

We are sorry you did not find this KB article helpful. Please use the box below to let us know how we can improve it.

Escalate to Support?

First Name *

Last Name *

Company Name *

Email Address *

Phone Number *

IRIS Feedback *

For information on how we manage your data please view our privacy policy