TaxSimba — Six Tax-Saving Checks for UK Sole Traders
Preparation worksheet

Optional offline planning aid, not a tax return or filing confirmation.
Keep completed notes securely; never include passwords or one-time codes.

WORK THROUGH THIS EXAMPLE
A £500 purchase is not a £500 tax saving. Before buying, ask whether the business needs it, whether relief is available and which year it affects. Review costs already incurred before creating new spending purely to obtain a deduction.

DECISION TO RESOLVE
Would the purchase still be worthwhile after paying its cost and allowing for any actual relief?

YOUR POSITION
Relevant year and source: ____________________
Evidence supporting your answer: ____________________
Missing item and who will obtain it: ____________________
Deadline or next review date: ____________________

1. Cost and supplier evidence
Notes: ______________________________

2. Business purpose
Notes: ______________________________

3. Relevant accounting period
Notes: ______________________________

4. Private-use explanation
Notes: ______________________________

5. Questions about treatment or missing evidence
Notes: ______________________________

Actions agreed and responsible person:
____________________________________

Guide: https://taxsimba.co.uk/blogs/top-tax-saving-tips-uk
Check the current guide and official sources before relying on a deadline or process.