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Small businesses – do you have a cash accounting system in place? You might have to shortly…

Public domain image, royalty free stock photo from www.public-domain-image.comSmall businesses in the UK may be forced to convert to a cash accounting system from October, he explains, when Universal Credit (UC) comes into force.

But banks have said they will not lend to businesses which report their trading in this way.

Read more about this on the ICAEW Business Advice Service blog.

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