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Understanding Cash Basis Accounting: A Simple Guide

Cash basis accounting is a fundamental accounting method used by small businesses to track their finances and manage cash flow. It recognises income and expenses based on when cash is received or paid, providing a straightforward approach to financial record-keeping.…

HMRC catching up with the Postman

Over the past 20 months, staff at HMRC have prioritized areas relating to Coronavirus and to providing support to individuals and businesses during this difficult time.  This has included moving staff to specialist teams dealing with such issues as The…


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