Self employed cash basis made simple

Top tax tutor Neil Da Costa takes a look at how to deal with questions on the simplified self-employed cash basis. Check out the feature in the new PQ magazine, out now at:

Neil explains that self-employed individuals can choose to prepare their accounts on a cash basis as long as their turnover is not more than £150,000 (on page 27). He works through a couple of examples so you can easily earn marks on this popular exam topic.