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HMRC internal manual

Compliance Operational Guidance

Supporting Guidance: business records checks: at the visit: record-keeping: record-keeping

You should talk through the record-keeping process to establish what happens in practice in terms of:

  • recording business monies in (receipts)
  • recording business payments made (expenditure)
  • cashing up (if appropriate)
  • establishing the flow of all business ‘ins’ and ‘outs’ through the records
  • ensuring accurate business records are maintained.

Remember that every business is different and therefore each customer’s records will also be different. Business owners will keep the records they feel are useful to them and within their capabilities.

You should confirm that you have been provided with all the relevant statutory records. If not, you should make arrangements at the meeting for the outstanding records to be made available as soon as possible as it is unlikely the BRC can be completed without them.