HMRC confirms that cryptoassets are not considered to be money or currency for tax purposes.
On 1 November 2019, HM Revenue & Customs (HMRC) issued a policy paper on the taxation of cryptoassets for businesses and...more
11/19/2019
/ Bitcoin ,
Blockchain ,
Corporate Taxes ,
Cryptoassets ,
HMRC ,
Income Taxes ,
Initial Coin Offering (ICOs) ,
Policy Statement ,
Securities Tokens ,
Stamp Taxes ,
UK ,
Utility Tokens ,
Value-Added Tax (VAT)
Against a stormy backdrop of government instability and Brexit uncertainty, the 2017 Budget was always unlikely to rock the boat. The Chancellor chose not to launch a sweeping attack on “ tax avoiders” in light of the public...more
Supreme Court rules in favour of taxpayer in landmark case regarding UK tax treatment of Delaware LLCs.
On 1 July 2015, the UK Supreme Court handed down a long-awaited ruling in the case of Anson v Commissioners for Her...more