Every business must keep records for tax purposes.
HMRC has published a helpful factsheet on the minimum requirements: www.hmrc.gov.uk/factsheet/record-keeping.pdf
Have a read and make sure your business complies – if it doesn’t and HMRC claim you have inadequate records, this will make life difficult in the event of an enquiry.
Need help maintaining your records? Not enough hours in a day? We can help……give us a call.
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