Tax books

Tax books
See also

Tax books are books used to register tax events in an enterprise. Persons conducting business activity are required to keep tax books. The entrepreneur should inform the appropriate institution, as soon as the enterprise is created, of the form of the economic event register, but it can also be changed after the end of a given tax year. These books should be conducted fairly, correctly and reflect actual events in the enterprise. The accountant is an accountant. Must have extensive knowledge of accounting and taxes, which should be kept up to date with changing regulations[1].

Types of tax books

Depending on the legal form and type of business, we distinguish the following types of tax books:

  • books of account,
  • revenues and expenses book,
  • revenue book.

Books of account are sets of data saved by means of accounting decrees on durable media - currently it is a computer entry in financial and accounting programs. Account books are kept in the company or outsourced to the entity that provides accounting services. Accounting documents are the basic thing to keep records. These documents present events that took place in a given enterprise. At the end of each period, the company must submit a statement of turnover and balances. Thanks to this statement, we can control the correctness of accounting entries in a given reporting period[2].

The book of tax revenues and expenses is used to record business operations in a simplified form. This book records revenues from sales and the corresponding tax deductible costs and expenses. This book is for tax purposes only because income tax is payable based on records. In addition to the book, the entrepreneur is obliged to keep other registers, such as: sales register, fixed assets register, employee remuneration records, vehicle mileage records, warehouse records, etc. The tax revenue and expense ledger must be kept fairly, error-free, and reflect true economic events. To ensure durability and readability, this form of records is currently kept in a computer form (before the introduction of computers, the records were kept in paper, in small companies paper records have been used until now) [3].

The revenue book is a form of records in a small company. In this form of records, only revenues are recorded (income cannot be reduced by the costs obtained). Income tax is calculated on the basis of appropriate tax rates and paid on income[4].

Persons who do not comply with the provisions of the register (e.g. they do not keep it or keep it in the form in which they are required) will have to bear financial and legal consequences.


  1. J.Law, G.Owen, 2010, p. 61
  2. C.Richards, 2010, p. 10-14
  3. P. R. Delaney, O. R. Whittington, 2008, p. 477-478
  4. B. Russell, 2010, p. 8-9


Author: Klaudia Broś