Record Keeping For The Self-Employed

A webinar from HMRC that covers setting up a record-keeping system, what to record, how long to keep records and record keeping mobile applications. It is important to put in place a good record-keeping system that you update regularly. This video also has a handy reminder of basic accounting terms such as:
  • Accounting Periods
  • Turnover
  • Taxable Profit
  • Allowable Business Expenses
Continue Reading