Straight Forward Income Tax Question

HankReardon

Registered User
Messages
33
I wonder someone can put me straight.

I invoice someone for work done last year, last year. I receive payment this year. Does this income get taxed in my 2008 year or 2009?

Thank you.
 
2008. Money owed on this invoice will be showed as a debtor in your 2008 accounts.
 
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