Using Cash Basis for Tax Returns
Understand the cash basis for tax returns, the rules around who can and can’t use this tax scheme and the advantages the cash basis can bring.
DIY-ing your self-assessment tax return? Here you’ll find easy-to-follow guides to help get you through the process of filling in your return so you can press the submit button with confidence. From finding the paperwork you need to declaring different types of income and choosing the right sections to fill in, you’ll find everything you need all in one place.
Friendly Disclaimer: Whilst I am an accountant, I’m not your accountant. The information in these guides are legally correct but are for guidance and information purposes only. Everyone’s situation is different and unique so you’ll need to use your own best judgement when applying the advice that I give to your situation. If you are unsure or have a question be sure to contact a qualified professional. I cannot accept responsibility for any losses or penalties you may incur while following the contents.
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Understand the cash basis for tax returns, the rules around who can and can’t use this tax scheme and the advantages the cash basis can bring.
Wondering if you need to complete a self-assessment tax return? Find out who needs to fill in a tax return, why & what HMRC needs to know.
Find out if you need to do a tax return if you earn under £10000 or below the personal allowance and have no tax to pay.
Filling in your tax return and wondering whether you need to declare bank interest? Well, you’re not alone because forgetting to include bank interest is a common mistake people make when it comes to self-assessment. Find out in this guide how to show it and the tax-free allowances available so you can pay less tax on taxable interest income.
Step-by-step guide to completing your self assessment tax return online to help you beat the 31 January deadline. Jargon free guaranteed.
Panicking about the tax you owe? Struggling to estimate how much tax you’ll have to pay? This guide is the perfect place to start to put your mind at rest.
You get a UTR number when you register for self-assessment. Here are some ways you can find your UTR number if you’ve lost it.
How to fill in the employment section if you were full-time employed, part-time or on a casual basis & how to claim extra employment expenses.
Understand how the child benefit tax charge works and how to declare it on your tax return to repay child benefit money you have received.
Getting ready to complete the self-employment section of your self-assessment tax return? Confused about where to find the numbers you need and the allowances you need to claim that will help you to pay less tax? Then, this guide is for you! Here you’ll find a step-by-step guide to completing the self-employment section, which numbers you need and extra help with things like capital allowances, CIS and national insurance as well as who can fill in the short-form tax return (SA200) – a real time saver.