I am reaching out to my LinkedIn connection for some direct networking - I have seen an increase in the volume of insolvency work (rescissions, WUP, validation orders) coming through my pipeline in recent months…
Cash basis to become default
From 2024/25, restrictions to the cash basis will be removed, making it the default method for calculating trading profit for the self-employed and most partnerships. The accruals basis is currently the default, with a business…