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PhilDAS
IANAA but my understanding is it's your call but you need to be consistent. Cash accounting vs accrual if I recall - at least it works that way for my VAT so presume the same true of tax. But again IANAA etc.
EDIT- oh hang about, let me read again.
EDIT - yeah, my interpretation of is stands. I think generally with HMRC (in my experience) is long as you're not actively trying to screw them then you'll probably be fine.