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cash basis and UC .v. tax return

novamation
Posts: 180 Forumite


in Cutting tax
I've been on UC for all of 2021, whilst being self-employed as well, and was self-employed for years beforehand. For UC, I have to declare income as cash basis, as I receive it, but for the tax return, it's always been traditional accounting.
Does this mean I have to switch to cash basis, instead of traditional accounting, for the tax return as well?
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Comments
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meant to ask, can I remain doing traditional accounting.
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No, they're completely separate things. You can continue your self assessment on the traditional basis if you prefer.1
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