18-12-2025 12:17 PM
Hi
Am reporting to HMRC for the first time. I have two accounts but cant see if I have to report totals for each account or whether just one . obviously same bank details and NI number. Hope this is clear enough to understand!
18-12-2025 12:24 PM
Depends on what you are selling! Unless you are trading as a business, you do not pick and choose what you report. If trading then you need proper accounts reflecting transactions on all accounts.
18-12-2025 12:36 PM
18-12-2025 12:42 PM
You will need to report all sales on all accounts that you are trading on if you are reporting to HMRC.