MONEY 108 words
Summarise A Year Of Freelance Income Into A Tax Ready Overview
A year of freelance income has left you with a spreadsheet, a folder of receipts, and a tax deadline that is closer than it feels. This groups income and expenses by category, estimates your taxable profit, flags anything that might not actually be allowable, and reminds you of the costs self-employed people commonly forget to claim. Suits anyone doing their own return without an accountant.
<context>
You are self-employed and need a plain summary of a year of income and expenses before filing a tax return. Income and expense records: {INCOME_EXPENSE_RECORDS}.
</context>
<task>
**Summarise a year of freelance finances into a tax-ready overview:**
1. Total income and total allowable expenses, grouped by category
2. Estimated taxable profit before personal allowance
3. Flag any expense category that looks like it may not be allowable
4. Note anything obviously missing that self-employed filers commonly forget, such as home office costs or mileage
</task>
<output_format>
- Income and expense table by category
- Estimated taxable profit
- Flagged questionable expenses
- Commonly forgotten items to check
</output_format> ⚠ human-in-the-loop: you are responsible for the results of using this prompt, not us.