TaxSimba — Employed and Self-Employed: What Your Accountant Needs for One Tax Return
Preparation worksheet

This is an optional offline planning aid, not a tax return or a filing confirmation.
Keep completed notes securely. Do not add passwords or one-time security codes.

PRACTICAL TASK
Reconcile the side business without counting your wages twice Suppose £500 moves from your salary account to your business account to pay a supplier. That transfer is not another £500 customer sale. Keep the transfer identifiable and give the accountant the supplier invoice separately. Make a two-part cover sheet: employment documents and tax deducted on one side; business income, costs and accounting period on the other. Add any other income below it. This helps the accountant distinguish the source of funds from the income being taxed.

Outcome to confirm: ____________________
Evidence or reference: ____________________
Person responsible and next check date: ____________________

1. Employments and P60/P45 evidence
Notes: ______________________________

2. PAYE tax deducted and benefits
Notes: ______________________________

3. Business income and expense records
Notes: ______________________________

4. Private transfers and missing entries
Notes: ______________________________

5. Other income and relevant contributions
Notes: ______________________________

Actions agreed with accountant:
____________________________________

Guide: https://taxsimba.co.uk/blogs/employed-and-self-employed-tax-return

Check the current guide and official sources before relying on a deadline or process.