Taxable Profits for Self Employed

If you are Self Employed you are taxed on the following profits and gains.

Salary/Wages from Employment Employment Benefits

Profits from self-employed earnings (ie. an products or services which you charge for)

State, company & personal pensions

Interest on savings and bonds (other than tax free ISAs)

Rental income (unless you are living in the property and receive less than £4250 per annum from your lodger)

Income from trusts

Dividends corporate shares

Published: October 11, 2015 Updated: October 17, 2015