Voluntary cash basis for small businesses
HMRC has issued a Question and Answer paper on its proposals to introduce a voluntary cash basis for small sole-traders.
Broadly the cash basis will be available to small unincorporated businesses with receipts of less than £77,000, and they could continue to use it until their receipts rise to more than £150,000 in any year.
|
Date: 4th July, 2012 |
SHARE THIS
Articles from this Author
3rd May, 2018
Tax changes for non-resident corporate landlords
4th April, 2018
EMI options - a current risk
20th March, 2018
Beneficial loans
20th March, 2018
IR35 consultation
Contact Business Service Partners
Choose from the drop down menu below to select a Partner to contact.
Tweet
We are delighted to continue our player sponsorship with @MKDonsFC @LeeNicholls is a safe pair of hands for the cl… twitter.com/i/web/status/1…
Business News from Mercer & Hole Accountants - Considering outsourcing your financial functions? Read on... mailchi.mp/stalbans-chamb…
For the latest Mercer & Hole news, visit our LinkedIn page mercer-&-hole
