Simplified cash basis for unincorporated property businesses

Simplified cash basis for unincorporated property businesses

The following Personal Tax guidance note Produced by Tolley provides comprehensive and up to date tax information covering:

  • Simplified cash basis for unincorporated property businesses
  • When should the simplified cash basis be used for a property business?
  • Income and expenses under the simplified cash basis
  • Revenue and expense recognition where letting agent is involved
  • Lease premiums received
  • Security deposits
  • Capital expenditure
  • Capital receipts
  • Finance costs
  • Treatment of losses under the simplified cash basis
  • More...
This content is no longer in use on TolleyGuidance
This content is no longer in use on TolleyGuidance
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