Skip to main content

This is a new service – your feedback will help us to improve it.

Posted Mon, 08 Jan 2024 18:00:19 GMT by
Please let me know. How should I change my business VAT accounting basis from Cash to Accrual. In the last quarter net revenue turnover crossed 1.3 mil. I'm file my VAT returns to HMRC through ZOHO books. Do I need to tell HMRC about the change in VAT accounting basis? If yes, how?
Posted Thu, 11 Jan 2024 16:22:48 GMT by HMRC Admin 2 Response
Hi,

You can find guidance here:

Cash Accounting Scheme (VAT Notice 731)

You do not need to inform HMRC if you leave cash accounting.

Thank you.

You must be signed in to post in this forum.