What does "accrual for tax purposes" mean?By Alicia Human · Updated 8 February 2017Pierre said:7 February 2017 at 10:24What does "accrual for tax purposes" mean?TaxTim Alicia said:8 February 2017 at 6:58This means, you have earned the income, but not received it yet and therefore it is taxable still.
Pierre said:7 February 2017 at 10:24What does "accrual for tax purposes" mean?TaxTim Alicia said:8 February 2017 at 6:58This means, you have earned the income, but not received it yet and therefore it is taxable still.