Tax Refreshers and Updates
Date: 12th February 2024
Time: 10:00am - 11:00am
CPD hours: 1 hour
Non member: £99.00 + VAT
Presenter
Emma Gilbert‑Smith
For unincorporated businesses, the cash basis will, for tax purposes, become the default method of preparing accounts from 2024/25 onwards, although it will be possible to opt out. In this session we’ll identify the types of client who could benefit from using the cash basis. We’ll also look at how the cash basis works, focussing on the transitional adjustments required when moving from accruals-based to cash-based accounting.
Partners, managers and preparers of individual and partnership tax returns who need awareness of the new cash basis at both practice management and operational levels.
What's Included
