Basis Period Reform

Basis Period Reform

What is Basis Period Reform and does it affect me? HMRC are bringing in new rules, called Basis Period Reform, from April 2024 that will see all unincorporated businesses taxed on their profits for the full tax year, that is April to March. HMRC have been upgrading...
BAS Spring Budget Updates

BAS Spring Budget Updates

Written by Brett Smith, Director & Accountant at BAS. Isn’t Budget Day super exciting? For personal reasons, I had to work from home for a few hours on the day of the spring budget update. So, whilst working and eating my lunch I received panicked texts from...