I talk you through basic record keeping for self-employed businesses. I also go through everything you need to know to keep you legal and ensure you have the info you need when submitting your returns.
Here is the template so you can do your own bookkeeping - www.annetteandco.co.uk/basic-...
Time Stamps:
00:00 Intro
01:09 The two methods of accounting and record keeping
02:22 What records do you need to keep as a sole trader, as a partner in a partnership or as someone who is self-employed?
03:34 The expenses that are allowed as deductions to your income
05:38 Ways to do basic record keeping to produce personal tax returns
If you’re struggling to understand the accounting for your business I’d love to help! Reach out to me at yt@annetteandco.co.uk and let me know how I can help!
If you want me & my team's expert accounting and tax help, you can book a fitting call through our website → 🌏 annetteandco.co.uk/fitting
★☆★ OUR MISSION ★☆★
Our missing at Annette & Co is to support you to take more money home from your business for you and your family to enjoy.
If you want me & my team's expert accounting and tax help, you can book a fitting call through our website → 🌏 annetteandco.co.uk/fitting
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* GENERAL DISCLAIMER
Our videos are for general guidance, support and education in helping you understand accounting, tax, profit first and the numbers in your business. They in no way constitute specific advice to your specific circumstances. My team & I would be delighted to help you with your specific queries, accounting or profit first requirements through a formal engagement - you can book a call to discuss annetteandco.co.uk/fitting
#businessrecords #selfemployedrecords #soletraderrecords