Tag Archives: tax investigation

Allocation of Partnership profits for tax purposes

We are moving along nicely now, a good proportion of our clients tax returns have been submitted to HMRC, and we are working through the usual late comers and chasing those who have not yet sent in their information. Read more »

Keeping accounting records for tax investigations

A recently qualified GP came to see me last week and since she has now started working as a self employed locum, she wanted to know how her tax was dealt with. We went through the usual payment dates, the best way to record income and expenses, and then she asked a relatively straightforward question: how long should she keep her accounting records?

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