NOV 2021 UPDATE: In the autumn budget, the Chancellor announced that the 30 day CGT deadline for reporting disposal of a property would be increased to 60 days. This change was effective from 27 October. With all the distractions of the pandemic, it could be easy to...
With Bitcoin and cryptocurrency featuring more prominently in the news of late, people are inevitably curious to understand more about these investments and specifically the tax consequences. One misconception is that profits are
Last year chancellor Rishi Sunak commissioned a report by the Office of Tax Simplification (OTS) to consider the scope of the current Capital Gains Tax. It was widely reported that the findings would result in changes to the current rates, allowances, exemptions and...
