Like myself, if you’re using the same bank account for personal and business, you’ll need a quick and easy way of recording your business expenses for your tax return.
In this short video you can see that copying and pasting your statement into a simple Excel sheet, and using highlighter colours, you can effortlessly keep on top of your yearly income and business expenses with little or no fuss.
If you need a more detailed spreadsheet then you can find an example in this blog post. This video is also on YouTube and I get quite a lot of requests for the template.
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