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Should you switch to HMRC’s new cash accounting system?

by ClearwaysAccountants | Apr 25, 2013 | Contractor, Freelancer, Self Employment, Small business advice, Tax Tips

Cash accounting for unincorporated businesses What does this mean? At present all accounts submitted to HMRC should be prepared under UK accounting standards even if you are self-employed.  This means that your accountant will make changes to your basic figures to...

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