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Small businesses can record income and expenses when money is actually paid rather than when they've invoiced or received
‘Cash basis’ is a way to work out your income and expenses for your Self…
You can use cash basis if you: run a small self-employed business, for…
At the end of the tax year, work out your taxable profit from your cash…
You must keep records of all business income and expenses to work out your…
You can start to use cash basis if you’re VAT registered as long as your…
If you’re a sole trader or partner, cash basis is the default way to work…
Check whether you need to report and pay any tax on income you make apart from your main job or earnings.
Annual time series of the main measures of farm income from the Farm Business Survey.
This tax information and impact note details legislation introduced to expand the income tax cash basis for the self-employed and partnerships, and to set the cash basis as the default method of calculating trading profits.
Records and paperwork you must keep if you're self-employed as a sole trader or partner in a business: income, costs, profit, how long to keep records.
Find out how to operate PAYE if you pay your employees with assets that can be sold or cashed in, like stocks, shares or cryptoassets.
What to do about tax and National Insurance if you pay an employee free of tax.
Find out about remuneration in non-cash form, for example, payments by intermediaries.
You must declare £10,000 or more in cash, or the equivalent in another currency, if you take it between Great Britain and any other country.
Tax and reporting rules for employers who meet or reimburse an employee's expenses - scale rate payments round sum allowances (RSA)
Find out what income you need to include in your tax credits claim or renewal.
Direct Earnings Attachment (DEA) and deducting any money an employee owes the Department for Work and Pensions (DWP) from their pay
Find out how to set up salary sacrifice arrangements and calculate tax and National Insurance contributions on them if you're an employer.
When you have to pay Income Tax, Capital Gains Tax, Stamp Duty or Inheritance Tax on money, shares or property you inherit
Get help with savings if you're on a low income (Help to Save) - how it works, what you'll get, eligibility, how it affects your benefits and how to apply online.
Tax and reporting rules for employers providing bonus payments to employees
Tell HMRC about undeclared income, self-employment, capital gains, profits in a company and foreign income
When debt payments can be taken from your wages, changing how much you pay, paying it off early, and reporting a change to your circumstances
Claiming Universal Credit if you're self-employed - eligibility, reporting your earnings, start up periods
Tax free saving for your first home and later life: what is a LISA, who can apply, 25% government bonus, withdrawal charges.
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