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      Category: Tax

      Turas Crypto - Capital Gains and Cryptocurrency

      Turas Crypto - Capital Gains and Cryptocurrency

      The current regulations that the HMRC have set in place for the UK regarding cryptocurrency is that an individual will be liable to pay Capital Gains Tax (CGT) when they dispose of any crypto assets they may have.   What classes as a disposal for Capital Gains Tax (CGT)?   If you are classed as…

      February 21, 2022
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      Turas Crypto - When are you classed as a trader?

      Turas Crypto - When are you classed as a trader?

      The world of cryptocurrency is a huge one. There are many different levels of trading and investing in cryptocurrency, and it can become confusing when you are wanting to work out what bracket you and your business are classed under. Just like any other income you have, it is important you are logging it correctly…

      February 9, 2022
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      What you need to have ready to complete your self assessment tax return

      What you need to have ready to complete your self assessment tax return

      Preparing for and submitting a self assessment tax return can be a daunting task, especially if it is your first time doing so. Throughout our decades of experience in helping individuals with this task, we have learnt that preparation is truly key to success.   To help you make sure you have all the relevant…

      January 7, 2022
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      7 Top Tips for the best bookkeeping

      7 Top Tips for the best bookkeeping

      We understand that for the majority of business owners, the thought of bookkeeping and ensuring your accounts are in order can sound very boring, complicated and all-in-all, something you want to put off doing. However, having excellent bookkeeping skills is something that every business owner should be striving for.   Here’s 7 of our top…

      December 10, 2021
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      10 reasons to get your tax return done early

      10 reasons to get your tax return done early

      The deadline to submit your tax return online is 31st January 2022. Whilst this may seem like you have plenty of time, everyone is always so shocked at how quickly it comes around. As accountants, we always try to encourage our clients to start preparing for their tax return as soon as possible, and to…

      November 25, 2021
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      Turas Accountants
      We are a team of friendly, experienced accountancy staff that come to work every day to help our clients with their accounts, VAT returns, bookkeeping, payroll and tax. Our office is based in Telford, Shropshire
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