How to prepare for Basis Period Reform

Our guide explores the timeline for HMRC’s Basis Period Reform, including what the new rules mean for your practice and clients.

3 illustrated pages taken from the basis period reform guide cover

This guide explores

What is Basis Period Reform?

HMRC is changing the time period sole trader and partnership businesses use to work out their taxable profits.

What Basis Period Reform means for you

Understand the opportunities and challenges that accountants, bookkeepers, and clients will face.

How the right software can help you

Give your practice the tools to help you sail effortlessly through the additional workload of the transitional

Download the guide

Access our guide and prepare your practice for Basis Period Reform.

Xero has allowed us to become at least 40% more efficient when carrying out transactional work such as bookkeeping or year-end statutory compliances.

Jahan Aslam, Fusion Accountants

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Join the Xero community of accountants and bookkeepers. Collaborate with your peers, support your clients and boost your practice.