Basis Period Reform – getting ready for change

  • Date: 14 Jun 2022
  • Time: 13:00 - 14:00
  • Venue: Webinar,, hosted via Zoom, Join from any location, Link below

Basis Period reform means that partners in trading partnerships will be taxed on their share of the profits arising in a tax year, regardless of the firm’s accounting date.

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There are numerous issues for firms - that do not have a 31 March year-end - to consider including cash-flow impact, requirement for additional funding and the potentially significant administration burden of filing amended Tax Returns. This webinar will discuss the key points that finance / tax teams will need to consider, alongside the Government’s consideration of potential easements for complex partnerships.



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