Many of my self-employed clients have trouble accessing their tax year calculations (previously known as an SA302) and tax year overviews. All lenders now require these as standard to assess a self-employed client’s income for the last 3 years (if available).
If you have an accountant or bookkeeper then you should speak to them in the first instance as they should be able to provide these to you from their commercial software systems without you needing to contact HMRC at all.
If you do your own self-assessment tax returns, then you will need to follow these simple steps in order to obtain the required documentation:
FOR SA302 TAX CALCULATIONS FOLLOW THESE 10 STEPS:
The first step is to log into your HMRC online account using your Government Gateway ID
Go to "Self Assessment"
Choose “More Self Assessment Details”
On the right hand side select "Tax Return options"
Select year from drop down box and click "go"
Click "View return"
On the right hand side click "view calculation"
Select the option to “View/Print your Full Calculation” at the bottom of the screen
Click "print" at the bottom of the screen
Repeat from step 5 for other years as required
FOR TAX YEAR OVERVIEWS FOLLOW THESE 8 STEPS:
The first step is to log into your HMRC online account using your Government Gateway ID
Go to "Self Assessment"
Choose “More Self Assessment Details”
On the right hand side select "View account"
Then click "Tax years"
Select year from drop down box and click "go"
Click "print your tax year overview"
Repeat from step 5 for other years as required
You should now be able to locate and print your last 3 years SA302 Tax Calculations and Tax Year Overviews to enable your mortgage adviser to continue with your mortgage application.
If you are having trouble please feel free to contact us or HMRC directly. There may be an occasion whereby you need to ask HMRC to send these to you in the post, you will find out once you have logged into the system.
We have helped many self employed clients over the years and especially during the COVID-19 Pandemic use of a qualified and experienced mortgage adviser has never been more important.
