Separate business and personal
Open a dedicated business bank account. Mixing personal and business spending is the number-one cause of messy books and missed expenses.
Use bank feeds and receipt capture
Cloud software that pulls in your bank transactions and lets you snap receipts on your phone removes almost all the manual work.
Reconcile little and often
Ten minutes a week beats a weekend in January. Categorise transactions as they come in while you still remember what they were.
Keep records for six years
HMRC expects records kept for at least five years after the filing deadline (longer for companies). Digital storage is fine and far easier to search.
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