Cash Basis vs Accruals with Rebecca Benneyworth

Key Details

Date:
22 May 2024
Time:
11:00 AM
Price:
£59.00
Venue:
ICB Online Events, Online Webinar, Online

Information

This is a optional premium CPD training session open to all bookkeepers - members and non members are equally welcome.

A dedicated training session for bookkeepers from Tax expert Rebecca Benneyworth MBE.

Cash vs Accruals basis of accounting – the ins and outs!

With the changes introduced this year, almost any income tax business is now entitled to account on a cash basis for tax purposes. Should you be switching clients over to a cash basis? What are the advantages and disadvantages of using the cash basis for tax? What are the rules when switching from one to the other? Rebecca will explain the changes and summarise the cash basis, and then look at the transitional rules when changing the basis of accounting for tax. The practical issues and pitfalls for clients will be explained to help you decide what is the right way to proceed.

ICB Premium Training

All bookkeepers are different and have different needs. So, in addition to your bi-monthly technical updatesWages Wednesday and a range of other content, we've curated a range of additional optional CPD webinars to support your development. This webinar with the Queen of Tax will cost just £39.00. Non-members can join for £59.00.

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