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What does "accrual for tax purposes" mean?

Posted 8 February 2017

Pierre says:
7 February 2017 at 10:24

What does "accrual for tax purposes" mean?

TaxTim TaxTim says:
8 February 2017 at 6:58

This means, you have earned the income, but not received it yet and therefore it is taxable still.

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