To access the new reports, click the ‘View your report online’ button on the dashboard.
![](https://tax.malgrabooks.co.uk/wp-content/uploads/2022/03/image-9-1024x398.png)
The system will then load your MalgraBooks Client dashboard. If required, login to your account.
Once ready, you’ll be provided with the Cloud Spreadsheet Sync page – simply click the ‘Sync Data’ button to continue.
![](https://tax.malgrabooks.co.uk/wp-content/uploads/2022/03/image-10-1024x474.png)
The system will then sync data from your cloud spreadsheet.
Once synced, you’ll then be provided with your Self Employment Calculation
Overall Financial Data
![](https://tax.malgrabooks.co.uk/wp-content/uploads/2022/03/image-11-1024x557.png)
The first section of this page provides details of who is logged in, and the date when the data was last synced. You can re-sync the data using the button provided.
The overall three figures needed for your tax return are shown – your income, expenses and profit/loss for the financial year.
There are then further calculations provided below.
Income Tax Calculation
In the example above, you can see that the overall profit/loss was £24,512 – this figure has then been used for calculations
![](https://tax.malgrabooks.co.uk/wp-content/uploads/2022/03/image-12.png)
The Income Tax Calculation removes the Personal Allowance (£12,570) from the profit of £24,512 – leaving £11,942 which is used for Tax and National Insurance
The box on the right then shows the approximate tax amount at 20% which would be charged on this remaining balance.
- Linked Article: Editing the Personal Allowance
National Insurance
The next section shows NI Calculations on the profit amount
![](https://tax.malgrabooks.co.uk/wp-content/uploads/2022/03/image-13.png)
Class 2 and Class 4 have been charged as the profit was above the personal allowance for 22/23. If you have not met the threshold, this section may not appear.
Health and Social Care Levy
Following further Government changes, this levy has been abolished.
Payments on Account
![](https://tax.malgrabooks.co.uk/wp-content/uploads/2022/03/image-15.png)
Where Payments on Account will be due, this is shown below. The calculation is based on Tax and NI Class 4 which is due, and the different payments are shown in the fields above.
Note: Due to rounding, this could be 1-2p out. If you have not met the threshold, this section may not appear.
Overall Tax Calculations
At the bottom, you’ll find an overall calculation
![](https://tax.malgrabooks.co.uk/wp-content/uploads/2022/03/image-16.png)
This section pulls together all of the options above – from Income Tax, National Insurance and Payment on Account.