There is even an app to log your business mileage that you use on your phone when you set off in your car. You can use the cash basis or the simplified expenses method to record your expenses. Both these methods are accepted HMRC practices and allow you to record your income ba...
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From 1 January 2023 HMRC is introducing simplified penalties for late submissions and payments. Late submission penalties will work on a points-based system. If your client does not submit their return on time, they may receive a late submission penalty point and a fine. Late...