Self-Employed Tax Calculation Guide

Here we have compiled the related information and put together a friendly guide to support you when downloading your HMRC Income ‘Tax Calculations’ documentation (also known as a SA302) and ‘Tax Year Overviews’ to illustrate your self-employed income.

SA302

What is the SA302 Form used for?

The Form (SA302) is for calculating your overall Tax Calculation and brief summery of your income for each financial year ending 5th April. The SA302 Form will show your salary or any dividends, property, earnings and any other sources of income such as pensions, investments and income from shares or savings.

Where can I download these HMRC Docs?

You can find these documents online at the HMRC .GOV website, plus HMRC provide all the necessary and helpful information to support you with the completion of the Forms. Your accountant should be able to download these documents for you, or may have Tax Computations of their own they can send together with Tax Year Overviews – however if you wish or require to do it yourself, please follow the below instructions.

How & where to download your (SA302)

1. Firstly, follow this link: www.gov.uk/log-in-register-hmrc-online-services
2. Then click on ‘Sign in’ or ‘Register for HMRC Online Services’.
3. Sign in using your Government Gateway login details.
4. Follow the link ‘Get Your SA302′.
5. On the next screen, click ‘Continue to your SA302 for Tax year 2019 to 2020’
6. From here, you should be able to click on ‘View/print/save your return’.
7. Follow the link to ‘Save a colour PDF copy of your return’ and click ‘Save’, then ‘Next’. You can then save the document in the next window.
8. Alternatively using the print settings, you should also be able to save the document as a PDF.

If you have any troubles locating and downloading the document, please do not hesitate to let us know, we would be more than happy to assist you.

Tax Year Overview

What Is My Tax Year Overview?

Your Tax Year Overview basically shows the tax you have paid in any given year.
Your TYO should correlate with your Tax Calculation (SA302) for the corresponding year.

How and where can I download the Tax Year Overview Form?

1. Firstly, follow this link: www.gov.uk/log-in-register-hmrc-online-services.
2. Then click on ‘Sign in’ or ‘Register for HMRC Online Services’.
3. Sign in using your Government Gateway login details.
4. Follow the link ‘Get More Information About Your Self-Assessment Or Contact HMRC About Your Self-Assessment’.
5. On the next screen under the heading ‘Previously Submitted Returns’ click ‘View Your Tax Year Overview’.
6. Choose the year from the drop-down menu and click the ‘Go’ button.
7. Follow the link ‘Print your Tax Year Overview’.

Again, if you have any troubles locating and downloading the document, please do not hesitate to let us know, we would be more than happy to assist you.