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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…
Find out how the VAT Cash Accounting Scheme works and the conditions you must meet if you want to use it.
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.
How to use a risk-based approach to carry out compulsory risk assessments of your business.
Find out about making investments for someone who does not have mental capacity.
Cash accounting and VAT - eligibility, thresholds, joining and leaving the scheme
Find out if you’re a high value dealer and need to register with HMRC under the money laundering regulations.
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.
A scrutiny of current payment practices, measures and progress in combatting late payment, to help ensure we have the right arrangements in place to support small businesses.
Cashflow is an indicator of your company’s health.
Find out what information you must send with a transfer of funds if you’re a payment service provider.
Tax and reporting rules for employers who meet or reimburse an employee's expenses - scale rate payments round sum allowances (RSA)
Don’t include personal or financial information like your National Insurance number or credit card details.
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