Cash basis...
Paul C
Registered Posts: 193 Dedicated contributor 🦉
I would be really grateful to hear what people plan to do re the new cash basis in 13/14? Do people plan to recommend it to clients? Or is the treatment of capital allowances and losses putting people off? Is the cash basis mainly for sole traders etc who want to do more of their own accounts? Thoughts appreciated.
0
Comments
-
I would argue it is part of our job to inform eligible clients of the opportunity to switch to the cash basis.
As you say many people who don't appoint tax agents probably have always operated this way!0 -
I don't think I will suggest it unless there are exceptional circumstances, ie where it will definitely benefit the client.0
Categories
- All Categories
- 1.2K Books to buy and sell
- 2.3K General discussion
- 12.5K For AAT students
- 323 NEW! Qualifications 2022
- 165 General Qualifications 2022 discussion
- 11 AAT Level 2 Certificate in Accounting
- 56 AAT Level 3 Diploma in Accounting
- 88 AAT Level 4 Diploma in Professional Accounting
- 8.8K For accounting professionals
- 23 coronavirus (Covid-19)
- 272 VAT
- 92 Software
- 273 Tax
- 135 Bookkeeping
- 7.2K General accounting discussion
- 200 AAT member discussion
- 3.8K For everyone
- 38 AAT news and announcements
- 345 Feedback for AAT
- 2.8K Chat and off-topic discussion
- 582 Job postings
- 16 Who can benefit from AAT?
- 36 Where can AAT take me?
- 42 Getting started with AAT
- 26 Finding an AAT training provider
- 48 Distance learning and other ways to study AAT
- 25 Apprenticeships
- 66 AAT membership