At a glance HMRC has confirmed in its Cryptoassets manual that: Most individual investors will be subject to Capital Gains Tax (CGT) on gains and losses on cryptoassets. Section 104 pooling applies, subject to the 30-day rule for ‘bed and breakfasting’ with different rules for companies. It will be rare […]
Autumn Budget 2021: Key points
Autumn 2021 Budget: At a glance: Some hope for Low income families and businesses after Covid-19 from Chancellor Rishi Sunak. Universal Credit Benefits: • Universal Credit taper rate cut from 63p to 55p letting 1.7million Brits keep more as they earn by December 1 at latest • And he raised […]
What is IR35?
The off-payroll working rules can apply if a worker (sometimes known as a contractor) provides their services through their own limited company or another type of intermediary to the client. An intermediary will usually be the worker’s own personal service company, but could also be any of the following: a […]