Tax receipts, expenses and record keeping in the UK for self employed folk

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It’s self assessment tax return time again and in this video I’m talking about how I log receipts for a UK tax return – lots of record keeping and general business admin. This video was originally filmed in December 2016 for my Andy Mac Drums channel. I’m also looking at an app that can remove a lot of this paperwork from your life, jump to where I talk about the app here:

If you’re not sure what I mean by Opex and Capex watch this vid:

This video was originallu sponsored by 1Tap Receipts – search for 1Tap Receipts on the Apple App Store or Google Play. More information from:
http://1tapreceipts.com/

As usual, I’m not an accountant and would recommend you seek assistance from a qualified professional if you don’t know what you’re doing. Thanks for watching and don’t forget to subscribe!

Extra stuff on Patreon: https://www.patreon.com/smallbusinesstoolbox
More stuff on the web: https://smallbusinesstoolbox.uk

As per usual, I’m not in any way qualified to give you accountancy advice. Always get a good accountant! I’ve just been self employed for a long time and hopefully I can pass on some of the things I’ve learned over the years. I use affiliate links – these don’t cost you a penny and help to keep this channel going – thanks so much for your awesome support!

Soul Groove by Audionautix is licensed under a Creative Commons Attribution license (https://creativecommons.org/licenses/by/4.0/)
Artist: http://audionautix.com/

#SmallBusiness #BusinessTips #SelfEmployed

 

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