If you own any crypto assets, it is important that you consider whether any gains realised have been reported correctly as these are now being targeted by the UK tax authorities at HM Revenue & ...
Read MoreExchange of information between tax authorities and Crypto platforms will lead to a more focussed approach from HMRC on unpaid Crypto taxes.
December 18, 2023
by James Graham
in
crypto currency
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crypto guidance
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crypto hmrc
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crypto tax
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cryptocurrencies
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HMRC has warned taxpayers that hold crypto assets, that they should expect to be contacted to verify their tax affairs are in order.As you may be aware, information is provided to HMRC from a variety ...
October 21, 2021
by Jamie Favell
in
crypto currency
,
crypto gains
,
crypto guidance
,
crypto hmrc
,
crypto income
,
crypto tax
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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 should ...
August 14, 2019
by Sophia Passingham
in
crypto assets
,
crypto hmrc
,
crypto income
,
crypto tax
,
cryptocurrencies
,
IRS crypto letter
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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 ...
December 21, 2018
by Sophia Passingham
in
Current Affairs
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Private Client Tax
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Client News
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crypto loss
,
bitcoin
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crypto guidance
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cryptoasset
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Tax Planning
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crypto hmrc
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crypto tax
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