Dive into the nostalgic world of the UK tax system's Preceding-Year Basis [PYB], where fiscal years of the past govern assessments of the present! Let's unravel the mystery in a fun, engaging way!
An entertaining deep dive into the concept of Preceding-Year Basis in accounting and how it was replaced in the UK. Join us as we unravel a time when accountants had an affinity for time travel — financially speaking!