{"id":512,"date":"2025-02-25T14:07:56","date_gmt":"2025-02-25T14:07:56","guid":{"rendered":"https:\/\/blogs.qualifications.gov.scot\/businessadminfinance\/?p=512"},"modified":"2025-02-25T14:07:56","modified_gmt":"2025-02-25T14:07:56","slug":"hnd-accounting-business-taxation-j0ly-35","status":"publish","type":"post","link":"https:\/\/blogs.qualifications.gov.scot\/businessadminfinance\/2025\/02\/25\/hnd-accounting-business-taxation-j0ly-35\/","title":{"rendered":"HND Accounting &#8211; Business Taxation J0LY 35"},"content":{"rendered":"<p>Following HMRC\u2019s decision to make Cash-Basis Accounting the default method for self-employed traders and partners, SQA has made a change to the HN Unit Business Taxation J0LY 35 to bring it into line.<\/p>\n<p>Consequently, the treatment of Capital Allowances has been moved from Outcome 1 (Sole Traders) to Outcome 3 (Corporation Tax). Given the timing of the change, and that both remain potentially valid methods, centres may use either for the remainder of session 2024\/25.<\/p>\n<p>Centres must adhere to the updated unit specification from August 2025.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Following HMRC\u2019s decision to make Cash-Basis Accounting the default method for self-employed traders and partners, SQA has made a change to the HN Unit Business Taxation J0LY 35 to bring it into line. Consequently, the treatment of Capital Allowances has been moved from Outcome 1 (Sole Traders) to Outcome 3 (Corporation Tax). Given the timing of the change, and that both remain potentially valid methods, centres may use either for the remainder of session 2024\/25. Centres must adhere to the&hellip;<\/p>\n","protected":false},"author":99,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/blogs.qualifications.gov.scot\/businessadminfinance\/wp-json\/wp\/v2\/posts\/512"}],"collection":[{"href":"https:\/\/blogs.qualifications.gov.scot\/businessadminfinance\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.qualifications.gov.scot\/businessadminfinance\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.qualifications.gov.scot\/businessadminfinance\/wp-json\/wp\/v2\/users\/99"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.qualifications.gov.scot\/businessadminfinance\/wp-json\/wp\/v2\/comments?post=512"}],"version-history":[{"count":1,"href":"https:\/\/blogs.qualifications.gov.scot\/businessadminfinance\/wp-json\/wp\/v2\/posts\/512\/revisions"}],"predecessor-version":[{"id":513,"href":"https:\/\/blogs.qualifications.gov.scot\/businessadminfinance\/wp-json\/wp\/v2\/posts\/512\/revisions\/513"}],"wp:attachment":[{"href":"https:\/\/blogs.qualifications.gov.scot\/businessadminfinance\/wp-json\/wp\/v2\/media?parent=512"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.qualifications.gov.scot\/businessadminfinance\/wp-json\/wp\/v2\/categories?post=512"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.qualifications.gov.scot\/businessadminfinance\/wp-json\/wp\/v2\/tags?post=512"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}