Review this information before sending your books and records to us
Income:
Where relevant include the following:
- Sales invoices – for work paid in the year
- CIS statements for the year ended 5th April 2023 showing deductions
- Copy VAT returns with workings
- Bank statements – please check they run in order and highlight any private items
Expenses:
Whilst not a comprehensive list, the most common business expenses are the following:
- Materials – supplies and general stock
- Tools – tool purchase and hire
- Communications – Mobile, Broadband, landline
- Software expenses
- Repairs – to property and equipment
- Clothing – including Overalls, Uniform, Hi-vis jacket, Safety equipment
- Printing, post and stationery – Courier, Postage, Toners, Ink, cartridges, paper
- Marketing – Website costs, adverts, search engine costs, promotional material
- Capital costs – Cars and Vans, Large plant and equipment, Computers, Office furniture
- Motor expenses – Fuel, Insurance, Repairs, Parking, Congestion Charge, AA/RAC and Cleaning
- Details of any new Bank loans
- Statements of existing bank loans
- Business, or used in business, Credit Card statements
Vehicles used in business.
Details of make, model and registration number for:
- Vehicles, including any changes in the period
- Any new finance, HP, PCP or vehicle leasing together with a copy of the agreement
- Vehicles part-exchanged, sold or scrapped