Driving Instructor New to CB

Question asked by Steve Wiggins 5 months ago

Getting prepared for MTD. Just testing the water with CB. Can I enter my total income for the month or do I have to enter each individual’s transaction that’s paid to me via my business account? I’m looking at the dates on the income page.

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Tommy Chung

Staff

1368 entries

Hi Steve,

For the record keeping rules, we would advise reading HMRC's guidance: https://www.gov.uk/guidance/use-making-tax-digital-for-income-tax/create-digital-records

Also, please see: How to manually record income & expenses on the MTD Income Tax Plan

Tommy

5 months ago

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