Tax books

[BellaBoutique]

Sorting through my taxs books now, just wondering if in doing it right?

Do you just give the total for each week or do you write a list of each treatment as well?

 

[jojo@tranquil]

I do daily spreadsheets to record clients name, treatment they had and cost also how they paid.
I then do a monthly one so I can see which treatments are doing well etc.
Keeping records of everything really helps with tracking how your doing and also costs of treatments etc.
Not 100% you need to do all this but I always have.
I then just hand my months sheets and receipts, bank statements etc to my accountant.
Hope this helps x

 

[Rhimisty]

If in doubt, go on the hmrc website. They have a list of seminars. I went on one and made things do easy to understand. I'd definitely recommend it!

 

[BellaBoutique]

Thank you both! xxxx

 

[Lynne Baker]

If you are a sole trader all they want is a profit and loss sheet.
If you are a limited company they need quite a lot more, and you will need to submit an abbreviated set of accounts to Companies House.