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HMRC’s Good News for Micro Business Owners

22 April 2013 by Giuseppe Colombi

Keeping up with changes in the law which affect micro businesses is not always easy. Today I want to highlight some good news which is mainly available to self-employed individuals. You may not be aware that accounts and your Self-Assessment Tax Return should always be prepared on what is known as an “accrual basis”. This means that you account for income and expenditure when you issue an invoice ... Read More

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