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meuk
17th March 2009, 12:33
i find cash flow a problem when invoices haven't been paid yet, but the vat has to be paid to the tax man.

then i read about cash accounting
(cant link to it on hmrc due to forum rules)

i am currently on the fixed rate scheme. is it possible to stay on the scheme and also use cash accounting, or can it only be one method?

elainec100@cheapaccounting
17th March 2009, 13:40
The two schemes can run along side each other as long as you are eligible for both.