TaxRelief Diary 2024/25

TaxRelief Diary 2024/25NEW EDITION April 2024 to April 2025. The TaxRelief Diary is an easy to use, clear and straightforward DIY book keeping system for cash based 'lifestyle' businesses. UK law requires you to keep business records which are good enough to enable you (or your accountant) to complete your tax return form. If your books are disorganised, full of gaps or non existent, youll find it much more difficult and stressful to fill in your tax return; much more

NEW EDITION April 2024 to April 2025. The TaxRelief Diary is an easy to use, clear and straightforward DIY book-keeping system for cash-based 'lifestyle' businesses. UK law requires you to keep business records which are good enough to enable you (or your accountant) to complete your tax return form. If your books are disorganised, full of gaps or non-existent, youÕll find it much more difficult and stressful to fill in your tax return; much more expensive if you pay an accountant to sort it out for you; and you may end up paying too much tax. The TaxRelief Diary will also help you protect yourself against a tax office investigation. If you donÕt have proper records the taxman is entitled to estimate your income from any information available to him. But if you have a good set of records which you write up as you go along, you put the onus on the taxman to try to prove theyÕre unreliable. NB not suitable for VAT registered businesses.