Finance Bill marks cash basis enactment | AccountingWEB

Finance Bill marks cash basis enactment

On 28 March the government published Finance Bill 2013, enacting tax measures announced in the last two Budgets, including the well-debated introduction of cash-based accounting for small businesses.

The new bill provides further technical notes and final wording of incoming legislation, and according to a Treasury statement, includes measures which “support growth and enterprise, help working families, and ensure that everyone pays their fair share of tax.”

Tax editor Rebecca Benneyworth flagged up...


» Register now

The full article is available to registered AccountingWEB members only. To read the rest of this article you’ll need to login or register.

Registration is FREE and allows you to view all content, ask questions, comment and much more.