Service Type: Bookkeeping

Jul 17, 2026

How do I handle cash takings?

Record them at the point they arise, every day, and bank them intact rather than spending out of the till.

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Jul 17, 2026

What is the difference between cash basis and accruals accounting?

Cash basis counts income when the money arrives and expenses when they leave; accruals counts them when the work is…

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Jul 17, 2026

My books are years behind — can you catch me up?

Yes, and it is a routine job rather than a confession. Catch-up work starts with whatever exists — bank statements,…

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Jul 17, 2026

Should I do my own bookkeeping or outsource it?

Do it yourself if your affairs are simple and you will genuinely keep up; outsource if the honest answer to…

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Jul 17, 2026

How do I split costs that are part business and part personal?

Claim the business proportion, and be able to explain how you arrived at it. A phone used 70% for work…

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Jul 17, 2026

What does bookkeeping look like once MTD applies to me?

Broadly the same work, done continuously rather than in one annual panic. The obligations do not change — the same…

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Jul 17, 2026

What bookkeeping records do I legally have to keep?

You need enough to prepare a correct return and to prove the figures if HMRC asks: all sales and other…

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Jul 17, 2026

How long do I need to keep my records?

Sole traders and landlords must keep records for at least five years after the 31 January submission deadline for the…

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Jul 17, 2026

Do I have to keep paper receipts if I photograph them?

No — a clear digital image is an acceptable record, and you can throw the paper away once it is…

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Jul 17, 2026

Can I use my personal bank account for my business?

Legally yes if you are a sole trader or landlord, but it is the single most expensive habit we see.

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Topics

Making Tax Digital (Income Tax) 18

Tax Compliance & Record Keeping 18

Making Tax Digital 11

MTD ITSA Quarterly Updates 11

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Sole Traders

Landlords

Service Type: Bookkeeping

Get Started Today

Service Type: Bookkeeping

How do I handle cash takings?

What is the difference between cash basis and accruals accounting?

My books are years behind — can you catch me up?

Should I do my own bookkeeping or outsource it?

How do I split costs that are part business and part personal?

What does bookkeeping look like once MTD applies to me?

What bookkeeping records do I legally have to keep?

How long do I need to keep my records?

Do I have to keep paper receipts if I photograph them?

Can I use my personal bank account for my business?

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Landlord

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Sole Traders

Landlords

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Service Type: Bookkeeping

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Service Type: Bookkeeping