Forum

Accounting questions & answers

Practical answers for UK business owners and accounting professionals.

Filtering by cash-basis× clear

Hazel NoahQuestion132 rep

18h ago·11 views·in Tax & HMRC

Client pays upfront for a six-month retainer — when is that income taxed?

I run a small business in London, and one of my regular clients has just offered to pay £3,000 upfront for a six-month retainer. The retainer would cover ongoing advice and…

self assessment cash basis retainer income tax year

Oliver SmithQuestion130 rep

8d ago·17 views·in Accounting & Bookkeeping

Cash vs accrual accounting — which is right for my café?

Hi all. I run a small café in London (limited company) and I'm trying to get a better handle on our books. I've heard people talk about 'cash basis' and 'accrual' accounting, but…

cash basis accrual accounting

You’re all caught up.

Accounting questions & answers

Client pays upfront for a six-month retainer — when is that income taxed?

Cash vs accrual accounting — which is right for my café?

Businesses/Freelancers

Are You An Accountant?

Who Are We?

Registered Companies