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…
Tag: Accounting
Why is bookkeeping going to be so important for Making Tax Digital?
With the new Making Tax Digital legislation coming into force in the next couple of years, making sure your bookkeeping is in good order is going to be essential in helping you and your business prepare for the changes. We know a lot of our clients are worried about the changes that are going…