Taxation

Whats the easiest way to keep track of my sales costs manually for tax. I am hopeless with spreadsheets etc. Do I need to print out an invoice for every sale to keep for tax. Do I deduct all my stock from my total profit at end of year? Does it matter that most of my stock was bought the previous financial year? Do I get a book and write every sale down individually then deduct the postage cost, item cost etc and write the profit of that individual sale to add at the end of the month? Thanks for the quick reply earlier. I am sorry if my questions sound stupid to some, but I just want to get it right. Unfortunately I am a bit computer illiterate so I have to do it all with pen and paper.

Accepted Solutions (0)

Answers (0)