Self-Assessment, Tax return - Cash basis or not?
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  1. #1
    Join Date
    May 2010
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    Devon
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    178
    Registered Childminder since
    2009
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    Good
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    Play Assistant
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    Default Self-Assessment, Tax return - Cash basis or not?

    Hi ladies and gents

    Need a question answered outright! Got a tax return to send back to HMRC, one question ask's are we Cash Basis or not?

    Everything we do is paid for when an invoice is generated. Only free funding is paid partly, afaik?

    My partner needs to know so we can get the forms sent back and done.

    Thanks everyone

  2. #2
    Join Date
    Dec 2010
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    2,868
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    Default

    I do cash basis, it is the easy way I believe.

 

 

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Self-Assessment, Tax return - Cash basis or not? Self-Assessment, Tax return - Cash basis or not? Self-Assessment, Tax return - Cash basis or not?

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