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How companies incorporated in the UK, or where the parent company is incorporated in the UK, can comply with UK accounting and reporting requirements.

• Updated: 31 December 2020

Small businesses can record income and expenses when money is actually paid rather than when they've invoiced or received

• Overview

  Cash basis accounting is the standard way to record your income and…

• Who can use cash basis

  You can use cash basis if you’re a sole trader or partnership without…

• How to record income and expenses

  You must keep records of all business income and expenses. You’ll need to…

• Cash basis before 6 April 2024

  From 6 April 2024, cash basis became the default method of accounting. You…

Staying on top of finances is vital for small companies. A good accountant can help you do this and more.

• Updated: 7 July 2023

Prepare statutory or abridged annual accounts for Companies House, make corrections and amendments, appeal against penalties for filing after the deadline

Annual accounting and VAT - eligibility, thresholds, returns and payment deadlines and joining or leaving the scheme

This page explains upcoming changes to how charities report and prepare their accounts.

• Updated: 31 October 2025

Your accounting period for Corporation Tax and Company Tax returns - financial years and accounting periods, changing accounting periods

Find out how the VAT Cash Accounting Scheme works and the conditions you must meet if you want to use it.

• Updated: 18 December 2023

Cash accounting and VAT - eligibility, thresholds, joining and leaving the scheme

Find out who can use the VAT Annual Accounting Scheme, how to use it and how to apply to join the scheme.

• Updated: 22 November 2024