Day: 4 January 2021

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 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 […]