BASIS PERIOD REFORM: All you need to know from Dext image

BASIS PERIOD REFORM: All you need to know from Dext

Everything you need to know about the changes to unincorporated business tax accounting

Blog
Posted byDext Prepare
onThursday 17 August 2023

Unincorporated business tax is changing in the next couple of years as Basis Period Reform (BPR) takes effect. Over 2024 and 2025, business tax for self-employed individuals and partnerships will fundamentally change.

In their new white paper, Dext explains what the HMRC tax return changes are, how to adjust bookkeeping to work with the new system, as well as when and how different types of businesses will be affected.

Download ‘Basis Period Reform: All you need to know’, written by Dext’s tax experts, to learn how the legislation affects accounting in a technical sense, plus the FAQs and practical tips.

If you or your clients are self-employed or planning to become self-employed, or in an unincorporated business partnership, this is the BPR tax guide for you.

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