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Five bookkeeping habits that make tax time easier

Your future self will thank you for a little organisation throughout the year.

1. Separate business and personal payments

A dedicated business account or clear bookkeeping records make it easier to identify what belongs to the business and what does not.

2. Keep digital copies of receipts

Build a consistent habit of saving receipts, invoices and supporting evidence. Don't rely on remembering purchases months later.

3. Record business mileage as you go

Keep the date, purpose, journey and miles for business journeys where relevant. Check the correct tax treatment for your business type and vehicle.

4. Review the numbers each month

Look for unusual costs, unpaid invoices or missing transactions. A regular review can help spot problems earlier.

5. Plan ahead for tax payments

Profit is not the same as available cash. Consider setting aside money for taxes and other future obligations.

Want an easier way to keep records? Explore our bookkeeping and mileage templates on Etsy.
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General information, not personal tax advice. Tax rules and eligibility depend on circumstances.