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advise you on As always get  compare your
which other good professional progress against

records you should advice if you are in your plan and
reep and how they any doubt about your identify any potential

can be written up and records. problems early on
balanced. Remember the  control your

Inland Revenue and cashflow

Key points Keep all Customs & Excise  amend your

your records and (VAT) are interested original plans in the

write them up in your records – light of any changes

promtly and regu- and you are obliged in circumstances.

larly – do not allow by law to report

invoices and rece- accurately to them. Other information

ipts to accumulate in Accurate and Give the names of

a bottom drawer. up-to-date records your professional

Have a look can help your advisers such as an

at the various ready business avert a accountant or

made record systems crisis as well as solicitor, if you

which are on the saving money with have one. State

market – they could your accountant. whether or not your

simplify matters for business is or will

you. (Larger and What can I do with be registered for

more complex all this information? VAT – you must

business may find a Once you have a register if the

computer package basic book-reeping income of your

helpful, but discuss system it is business will be

with your important to use the over the limit set by

accountant the information it holds the Chancellor of

system he/she would to help you to: the Exchequer each

recommend for you.) year. You can find

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