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Tag: Cash Basis

Alextra Accountants
Cash Basis Threshold Increased
The cash basis is a simpler way for smaller businesses to work out their taxable profit. Under the cash basis, profit is calculated by reference to cash in and cash out, rather than by reference to in...
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Alextra Accountants
Cash Basis – Is It For You?
As we move closer to a digital age, HMRC have recently published proposals to extend the opportunity to prepare accounts using the cash basis to more businesses and landlords. So, what is the cash bas...
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