My Accountancy Team

12/09/2024

Potential CGT rate increase in the Autumn Budget: Cryptocurrency Investors' Guide to CGT Rate Increase in Autumn Budget 2024: potential changes and tax planning strategies to minimize the impact of a CGT rate increase.

01/02/2024

30/06/2023

HMRC have spent significant time developing guidance to educate taxpayers on the taxation of cryptoassets and have also sent ‘nudge’ letters to individuals who may have omitted to disclose tax due on their cryptoassets on their tax returns. Changing the capital gains tax pages of tax returns to require taxpayers to make a specific disclosure with regards to cryptoassets is likely intended to raise individuals’ awareness of the need to pay tax on gains made on cryptoassets.

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