Changes to VAT penalties and interest from 01 January 2023

Treasury announces it will regulate some forms of cryptocurrency The Treasury has announced that it plans to recognise stablecoins as a valid form of payment as part of a wider government initiative to ‘make Britain a global hub for cryptoasset technology and investment’.The Treasury defines ‘stablecoin’ as ‘a form of cryptoasset that is typically pegged…

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New VAT penalty regime and other VAT news

Treasury announces it will regulate some forms of cryptocurrency The Treasury has announced that it plans to recognise stablecoins as a valid form of payment as part of a wider government initiative to ‘make Britain a global hub for cryptoasset technology and investment’.The Treasury defines ‘stablecoin’ as ‘a form of cryptoasset that is typically pegged…

1.25% increase to NIC and dividend tax ratesĀ 

Treasury announces it will regulate some forms of cryptocurrency The Treasury has announced that it plans to recognise stablecoins as a valid form of payment as part of a wider government initiative to ‘make Britain a global hub for cryptoasset technology and investment’.The Treasury defines ‘stablecoin’ as ‘a form of cryptoasset that is typically pegged…

Budget 2021

Treasury announces it will regulate some forms of cryptocurrency The Treasury has announced that it plans to recognise stablecoins as a valid form of payment as part of a wider government initiative to ‘make Britain a global hub for cryptoasset technology and investment’.The Treasury defines ‘stablecoin’ as ‘a form of cryptoasset that is typically pegged…

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COVID-19 Update 3

Treasury announces it will regulate some forms of cryptocurrency The Treasury has announced that it plans to recognise stablecoins as a valid form of payment as part of a wider government initiative to ‘make Britain a global hub for cryptoasset technology and investment’.The Treasury defines ‘stablecoin’ as ‘a form of cryptoasset that is typically pegged…

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Update on Government schemes in response to COVID-19

Treasury announces it will regulate some forms of cryptocurrency The Treasury has announced that it plans to recognise stablecoins as a valid form of payment as part of a wider government initiative to ‘make Britain a global hub for cryptoasset technology and investment’.The Treasury defines ‘stablecoin’ as ‘a form of cryptoasset that is typically pegged…

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COVID-19 Government schemes to help

Treasury announces it will regulate some forms of cryptocurrency The Treasury has announced that it plans to recognise stablecoins as a valid form of payment as part of a wider government initiative to ‘make Britain a global hub for cryptoasset technology and investment’.The Treasury defines ‘stablecoin’ as ‘a form of cryptoasset that is typically pegged…

Dividend 2017/18 and 2018/19

Treasury announces it will regulate some forms of cryptocurrency The Treasury has announced that it plans to recognise stablecoins as a valid form of payment as part of a wider government initiative to ‘make Britain a global hub for cryptoasset technology and investment’.The Treasury defines ‘stablecoin’ as ‘a form of cryptoasset that is typically pegged…

Autumn Budget 2017

Treasury announces it will regulate some forms of cryptocurrency The Treasury has announced that it plans to recognise stablecoins as a valid form of payment as part of a wider government initiative to ‘make Britain a global hub for cryptoasset technology and investment’.The Treasury defines ‘stablecoin’ as ‘a form of cryptoasset that is typically pegged…

Changes to flat-rate VAT in more detail with examples

Treasury announces it will regulate some forms of cryptocurrency The Treasury has announced that it plans to recognise stablecoins as a valid form of payment as part of a wider government initiative to ‘make Britain a global hub for cryptoasset technology and investment’.The Treasury defines ‘stablecoin’ as ‘a form of cryptoasset that is typically pegged…