Wainscot Pad

A panel for the lower week

A skirting of weekly records

The lowest strip of the lining is a sheet: payments, costs and set-aside, updated on a fixed day.

Skirting is easy to skip and expensive to add later. Records are the same.

ColumnWhy
Date and clientShows which panel is taking the knocks
PaymentTotal side income
CostsSome may be deductible under local rules
Set-asideKeeps tax from becoming a surprise

Ten minutes a week is usually enough. At year end you hand one file to an accountant.

Educational content only. Not financial, tax or legal advice; talk to a qualified professional about your situation.

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