HMRC Knows About Your Cryptocurrency: What This Means For You
As the world of trading continues to evolve, the world of tax evolves with it. Cryptocurrency has gained significant traction in recent years, with an estimated 3 million Britons holding cryptocurrency. HMRC have grown wise to this and are growing increasingly stringent in their approach to taxation on these digital assets. If you’ve bought, sold, […]
How will AI affect your tax services?
The sudden rise of artificial intelligence has left many concerned that it will make their jobs redundant. What does this mean for tax professionals services in the United Kingdom? How will your services be more automated? Artificial intelligence is already transforming tax compliance and reporting by automating routine tasks that were previously labour-intensive for tax […]
Hiring a New Employee Who Won’t Be UK Resident
Hiring a new employee who lives outside the UK can present a series of legal and tax complications. This can be a particularly intricate situation when the employee lives in a country such as France, which has its own strict employment laws and tax system. A law firm is looking to hire a solicitor who, […]
What UK tax changes are planned by the new Government?
Following the Labour Party’s decisive victory in July’s election, the UK’s new government has outlined its tax policy direction, with a particular focus on stability and fairness. Here is a summary of the anticipated changes. Income Tax, National Insurance and VAT Labour has said that they do not plan on increasing the rates of income […]
Returning to the UK After Living Abroad: What You Need to Know
Returning to the UK After Living Abroad: What You Need to Know Are you a UK expat thinking of moving back home? You’re not alone – in fact, you’re in good company, as it’s been reported that almost 9 in 10 expats can feel isolated while living abroad (AXA Global Healthcare). Returning home can prove […]
