Film, Media & TV0 min ago
statement of earnings/invoices
2 Answers
how often does a self employed person have to produce statements of earnings or invoices to the taxman?
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Below a certain turnover you don't have to provide detailed accounts, just 3 figures
income
expenditure
capital allowance claimed.
Obviously you will keep your bills and receipts in case they want to see them later.
If you are employed as well as a buisness you can set buisness losses againt salary
Below a certain turnover you don't have to provide detailed accounts, just 3 figures
income
expenditure
capital allowance claimed.
Obviously you will keep your bills and receipts in case they want to see them later.
If you are employed as well as a buisness you can set buisness losses againt salary
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