With all the distractions of the pandemic, it could be easy to forget that new rules for Capital Gains Tax (CGT) on property came into effect last tax year. While many taxpayers last year benefitted from payment holidays while HMRC tried to limit the impact of the...
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...
