Skip to content
Get a quote
Back to all episodes
The Cash Accounting Conundrum

The Cash Accounting Conundrum

The TaxCalc Podcast
• 65 min
Play episode
In this episode of The TaxCalc Podcast, titled "The Cash Accounting Conundrum," I, Andy North, along with Sarah Dudley and special guest Sharon Cooke, delve into the recent changes in cash accounting for unincorporated businesses. Originally part of a TaxCalc webinar, we explore the implications of the Autumn Statement's announcement that cash accounting will become the default method for most smaller businesses starting in 2024. We discuss the pros and cons of this shift, including cash flow benefits and the removal of previous barriers like interest and loss relief restrictions. Join us as we examine how these changes might impact your clients and the conversations you'll need to have with them.