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WHATS THE EASY WAY TO SORT OUT MAKE TAX DIGITAL FROM EXCEL SPEAD SHEET ?
Hi,
I expect there are 1000s of people now on Ebay in my position. I do my own tax returns and just keep my records in a day a page diary and on a excel spread sheet. I buy from car boot sales obviously with cash from a weekly cash float I take from my bank and sell on Ebay. I do buy a few lots from second hand shops and auctions and these are really the only reciepts I get so very few Been doing Ebay like this for around 10 years now and did clear with HMRC that this was really all that could be done to record my purchasses.
Anyway I have a turnover of around 30 to 35 k a year so will need to sort the make tax digital for next year. After all my expenses for my stock, my ebay fees, my milage, my entry fees, my business sundries for packing and my postage costs I normally end up with around 12 to 15k profit each year. Not much so any saving I can make helps so dont want to get an acountant as really with all the info on my excel spread sheet at the end of the tax year this is all I need. Anyway I am not really very good with technoligy so want something really easy. My wife did my returns for years as she was good with that sort of thing and I do find even doing it once a year quite hard but Sadly I lost my wife so now I work my way through it when I need to submit it. Anyway what are others who just keep there info on Excell using ?
Thanks.
tobiasd4
Mentor6 months agoTry asking on business seller board.