Policy paper

Increase to the cash basis threshold for unincorporated businesses

This tax information and impact note details an increase in the cash basis entry threshold for calculating taxable profits.

From:
HM Revenue & Customs
Published
8 March 2017

Documents

Increase to the cash basis threshold for unincorporated businesses

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Details

This measure increases the entry threshold for the cash basis method of computing taxable profits from £83,000 (the VAT registration threshold) to £150,000, effective from 6 April 2017.

Published 8 March 2017

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