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Question about proving cost to taxman for car boot items

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  • tyllwyd
    tyllwyd Posts: 5,496 Forumite
    When I started up as self-employed 15 years ago, I went to a tax workshop where they said that they preferred to see handwritten book-keeping because it was more difficult to fake than onscreen. I guess that things have moved on since then (!) but it would make sense to keep a handwritten book with a record of where the carboot sale was, what you bought, price etc and then type it up afterwards - a battered book that has obviously been carried around and written in at different times is going to look more convincing than a nice neat printout.
  • soolin
    soolin Posts: 74,129 Ambassador
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    tyllwyd wrote: »
    When I started up as self-employed 15 years ago, I went to a tax workshop where they said that they preferred to see handwritten book-keeping because it was more difficult to fake than onscreen. I guess that things have moved on since then (!) but it would make sense to keep a handwritten book with a record of where the carboot sale was, what you bought, price etc and then type it up afterwards - a battered book that has obviously been carried around and written in at different times is going to look more convincing than a nice neat printout.

    That was about when I started as well hence the paper books...I suspect at the time it was about as tech as HMRC got.
    I’m a Forum Ambassador and I support the Forum Team on the eBay, Auctions, Car Boot & Jumble Sales, Boost Your Income, Praise, Vents & Warnings, Overseas Holidays & Travel Planning , UK Holidays, Days Out & Entertainments boards. If you need any help on these boards, do let me know.. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com.All views are my own and not the official line of MoneySavingExpert.
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