SA103S or SA103F?

There are two versions of the self-employment pages. SA103S (short) is for straightforward businesses with turnover below the VAT registration threshold (£90,000); it lets you report a single total for expenses if you prefer. SA103F (full) is required above that threshold or where your affairs are more complex, and it itemises expenses in boxes 17 to 30. Even if you qualify for the short form, categorising your expenses properly is worth doing: Making Tax Digital quarterly updates use the same headings, and category-level records make errors visible.

The expense boxes, one by one

The headings below are taken from the SA103F form for the 2025/26 tax year. The disallowable column matters: some costs are entered here but then added back in boxes 32 to 45, so they never actually reduce your tax.

BoxHeadingTypical examplesWatch out for
17Cost of goods bought for resale or goods usedStock, raw materials, direct costsGoods taken for personal use are disallowable
18Construction industry: payments to subcontractorsCIS subcontractor paymentsKeep CIS statements
19Wages, salaries and other staff costsEmployee wages, employer NI, pensionsYour own drawings are not wages and are not deductible
20Car, van and travel expensesFuel, insurance, repairs, fares, mileage rateHome-to-work commuting is not business travel
21Rent, rates, power and insurance costsBusiness premises rent, utilities, insuranceUse-of-home claims need a reasonable basis or the flat rate
22Repairs and maintenance of property and equipmentFixing tools, servicing equipmentImprovements (not repairs) are capital, not expenses
23Phone, fax, stationery and other office costsMobile bills, software subscriptions, postageApportion mixed personal/business use
24Advertising and business entertainment costsAds, website, marketingBusiness entertainment is entered here but is disallowable
25Interest on bank and other loansBusiness loan interestOnly the interest, not capital repayments
26Bank, credit card and other financial chargesAccount fees, card processing fees 
27Irrecoverable debts written offInvoices you will genuinely never collectMust have been included in turnover first
28Accountancy, legal and other professional feesAccountant, solicitor, professional subscriptionsFees for buying capital assets are capital
29Depreciation and loss or profit on sale of assetsDepreciation in your accountsAlways disallowable; capital allowances are claimed instead
30Other business expensesAnything allowable that fits nowhere elseKeep this small; big "other" totals attract questions

Simplified expenses

Instead of actual costs, sole traders can use flat rates for certain expenses:

The trading allowance

If your gross trading income is £1,000 or less in a tax year, it is covered by the trading allowance and you may not need to report it at all. Above that, you can choose to deduct the flat £1,000 allowance instead of your actual expenses, which suits businesses with very low costs. You cannot use the allowance to create a loss, and it is measured against gross income before any expenses.

How QuickMaths uses these categories

The bank statement analyzer and receipt scanner assign each transaction to a category aligned with these boxes (cost of goods, staff costs, vehicle and travel, rent/rates/insurance, repairs, office costs, advertising, professional fees, bank charges, other), flag personal and transfer items so they stay out of your business totals, and export the result to Excel with per-category sheets. The output maps onto the SA103F boxes and onto MTD quarterly update categories.

This guide is general information, not tax advice. Allowability often turns on specific facts; when in doubt, check GOV.UK guidance or ask a qualified accountant.