HMRC have announced a consultation period for new proposals aimed at making it safer to buy financial products and ‘cryptoassets’. This is the government’s term for what is otherwise known as ‘cryptocurrency’, like Bitcoin and [...]
The impact of COVID-19 and the measures necessary to bring it under control have been the final straw for many UK councils. In June, 173 councils have participated in a BBC investigation into their financials. [...]
On 13th July, Chancellor Rishi Sunak wrote to the Office for Tax Simplification (OTS) asking them to review the current Capital Gains Tax regulations. What could the consequences be? What is Mr Sunak actually asking [...]
The first arrests for defrauding the Coronavirus Job Retention Scheme (CJRS) have been made. What details do we know so far? On 8th July, a 57 year old man was arrested in Solihull, West Midlands, [...]
Primark has said that it won’t need the new Coronavirus Job Retention Bonus Scheme money for its 30,000 UK employees. What Job Retention Bonus Scheme? In his Summer Statement, Chancellor Rishi announced a new Job [...]
Cryptocurrencies, like Bitcoin and Ethereum, are not subject to UK tax when you buy them. They are treated as ‘cryptoassets’ by HMRC, which means that you might have to pay income tax or Capital Gains [...]
Chancellor Rishi Sunak announced extra measures to counteract the impact of COVID-19. This Summer Statement covers a raft of different areas of our lives. We’ve assembled eight key areas that are likely to be relevant [...]
