SolvedSection 271C | Basis of calculation of profits: cash basis required
From legislation.gov.uk
The profits of a property business for a tax year must be calculated on the cash basis if none of conditions A, B, C, D or E in section 271A is met.
From legislation.gov.uk
The profits of a property business for a tax year must be calculated on the cash basis if none of conditions A, B, C, D or E in section 271A is met.