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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…
Performance and other updates following the publication of our latest official monthly statistics.
Standardisation explained.
How to work out your transition profit for the 2023 to 2024 tax year if you are affected by the new tax year basis (Basis Period Reform).
How to carry out a flood risk assessment so that you can complete your planning application.
Accounting for VAT using retail schemes if you're a VAT-registered business and you cannot account for VAT using normal accounting.
Find out about gaining approval for a fair partial exemption special method if you deal with partial exemption for insurers.
What qualifies as ordinary commuting and private travel for tax purposes.
If you’re a member or a beneficiary of a member of a local government pension scheme, check how the public service pensions remedy (known as McCloud) could affect you.
Find out how to apply VAT if you're in the taxi and private hire car trade.
How to report profit on your Self Assessment tax return from 2023 to 2024 if your accounting year does not end on or between 31 March to 5 April.
Minimum wage rates for different types of paid employment - time work, output work, unmeasured work, salaried hours work.
This Tax Information and Impact Note details legislation introduced to simplify the basis period rules for the self-employed and partners.
Guidance to help organisations choose a monitoring approach for stack emissions to air that meets Environment Agency and MCERTS requirements (formerly part of M2).
Check which rates of Air Passenger Duty you need to pay if you’re a plane operator, and how to fill in your return to HMRC.
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