income and expenditure statement query

mikemcdeedy100

i'm self employed with some income from jobseekers allowance

i'm typing up a I&E statement

is my income on the I&E statement the total from jobseekers and self employment

or just business income

thanks

clarkey1980

mikemcdeedy100 wrote: »

i'm self employed with some income from jobseekers allowance

i'm typing up a I&E statement

is my income on the I&E statement the total from jobseekers and self employment

or just business income

thanks

Just the business income. Jobseeker's allowance is not taxable, jobseeker's benefit is and there is a seperate section on your tax return for this.

mikemcdeedy100

thanks i haven't done a tax return yet for the year in question

i have to do my own returns going forward due to financial constraints as business is very quiet

but i need to prepare a I&E statement in the meantime


anyhow i think you've answered my question -it's not part of the statement

thanks again

headhoncho1

Best of luck with your business!