Policy paper

Increase to the cash basis threshold for unincorporated businesses

This tax information and impact note details an increase in the cash basis entry threshold for calculating taxable profits.

• From: HM Revenue & Customs
• Published: 8 March 2017

Documents

Increase to the cash basis threshold for unincorporated businesses

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Details

This measure increases the entry threshold for the cash basis method of computing taxable profits from £83,000 (the VAT registration threshold) to £150,000, effective from 6 April 2017.

Published 8 March 2017