The Shoebox Method
Turn chaos into a clean set of books with these practical guides.
- MTD Quarterly Updates: A Practical Guide to Deadlines, Record-Keeping and Penalties
MTD quarterly updates explained: how they work, when they're due, what records to keep, and what penalties apply. Plain English guide for sole traders.
- Is MTD Software an Allowable Expense? What HMRC Says (BIM35805 & BIM46450)
MTD software costs are an allowable expense for sole traders. Here's how HMRC rules BIM35805 and BIM46450 apply, with worked examples.
- Can You Claim a Business Expense on a Personal Credit Card? Yes — Here's How
Sole traders can claim business expenses paid on a personal credit card. HMRC cares about the purpose, not which card you used. Here's how to record it.