Sophia Passingham

It was announced yesterday evening (23 September 2020) that the Chancellor, Rishi Sunak has cancelled plans for a Budget this Autumn.

The date for the forthcoming Autumn Budget has not yet been set, but all signs are pointing towards tax increases being announced by the Chancellor in late October/early November.

HMRC have won the latest stage on a long running case into the availability of tax relief for contributions made in specie to Self-Invested Personal Pension Schemes (SIPPs). The case will be of ...

HMRC has updated their guidance to include Coronavirus in the list what constitutes a “reasonable excuse” for failing to meet certain tax obligations. Such reasonable excuses can be used to appeal ...

We are finding increasing number of clients are investing in cryptoassets and we are aware that for past tax years there has been little clarity as to how gains and losses on these investments ...

Finance Bill 2019-20 confirms expected changes to Private Residence Relief and lettings relief

The IRS has announced that it will soon publish new detailed guidance on how the cryptocurrencies should be treated for US tax purposes. The existing guidance has not been updated since 2014.

HMRC has recently published guidance for UK resident individuals on the potential liability to UK taxes that may arise on receipt or disposal of cryptoassets. The guidance is mainly concerned with ...

On Friday 7 December 2018 the UK Government suspended the UK Tier 1 (investor) Visa regime at very short notice. These visas allow the right to live in the UK in exchange for investing at least ...