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Cash or Accrual advice please

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Author Topic: Cash or Accrual advice please  (Read 47 times)
Newbie
Posts: 1

I like property

« on: July 10, 2021, 03:05:19 PM »

Hello
Iím a new landlord with one property. Could anyone please advice which income reporting method to HMRC should I use? Cash or accrual?
I am also new to self assessment so a big learning curve for me.
Thanks
Giova
Global Moderator
Hero Member
Posts: 4120

I like lots of things

« Reply #1 on: July 12, 2021, 10:34:15 AM »

https://www.gov.uk/guidance/income-tax-when-you-rent-out-a-property-working-out-your-rental-income#cash-basis-accounting
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