Wildy logo
(020) 7242 5778

Wildy’s Book News

Book News cover photo

Vol 22 No 10 Oct/Nov 2017

Book of the Month

Cover of Lindley & Banks on Partnership

Lindley & Banks on Partnership

Price: £380.00

Offers for Newly Called Barristers & Students

Special Discounts for Newly Called & Students

Read More ...

Secondhand & Out of Print

Browse Secondhand Online


Cash Basis for Small Businesses

ISBN13: 9781847987587
Published: November 2013
Publisher: CCH Editions
Country of Publication: UK
Format: Paperback
Price: £89.95

Low stock.

A new regime has been introduced from 2013-14 for sole traders and partnerships with an income no greater than the VAT threshold.

Under this regime these small businesses may elect to calculate taxable profits on a cash basis rather than in accordance with generally accepted accounting principles. Around 3 million businesses will be affected by this change, and it has major tax implicaitons. However, there has been widespread concern that the new rules are more complicated than they needed to be.

This book provides comprehensive guidance by bringing together in-depth commentary, the legislation, and HMRC guidance.