Changes to VAT penalties and interest from 01 January 2023

HMRC sends ‘nudge letters’ to crypto investors HMRC has ‘sent nudge’ letters to crypto investors who it suspects have failed to pay the correct tax on their gains, according to the Chartered Institute of Taxation (CIOT).Many crypto investors are unaware of their tax obligations due to uncertainty over tax rules and limited understanding of the…

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New VAT penalty regime and other VAT news

HMRC sends ‘nudge letters’ to crypto investors HMRC has ‘sent nudge’ letters to crypto investors who it suspects have failed to pay the correct tax on their gains, according to the Chartered Institute of Taxation (CIOT).Many crypto investors are unaware of their tax obligations due to uncertainty over tax rules and limited understanding of the…

1.25% increase to NIC and dividend tax rates 

HMRC sends ‘nudge letters’ to crypto investors HMRC has ‘sent nudge’ letters to crypto investors who it suspects have failed to pay the correct tax on their gains, according to the Chartered Institute of Taxation (CIOT).Many crypto investors are unaware of their tax obligations due to uncertainty over tax rules and limited understanding of the…

Budget 2021

HMRC sends ‘nudge letters’ to crypto investors HMRC has ‘sent nudge’ letters to crypto investors who it suspects have failed to pay the correct tax on their gains, according to the Chartered Institute of Taxation (CIOT).Many crypto investors are unaware of their tax obligations due to uncertainty over tax rules and limited understanding of the…

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Update on Government schemes in response to COVID-19

HMRC sends ‘nudge letters’ to crypto investors HMRC has ‘sent nudge’ letters to crypto investors who it suspects have failed to pay the correct tax on their gains, according to the Chartered Institute of Taxation (CIOT).Many crypto investors are unaware of their tax obligations due to uncertainty over tax rules and limited understanding of the…

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COVID-19 Government schemes to help

HMRC sends ‘nudge letters’ to crypto investors HMRC has ‘sent nudge’ letters to crypto investors who it suspects have failed to pay the correct tax on their gains, according to the Chartered Institute of Taxation (CIOT).Many crypto investors are unaware of their tax obligations due to uncertainty over tax rules and limited understanding of the…

Dividend 2017/18 and 2018/19

HMRC sends ‘nudge letters’ to crypto investors HMRC has ‘sent nudge’ letters to crypto investors who it suspects have failed to pay the correct tax on their gains, according to the Chartered Institute of Taxation (CIOT).Many crypto investors are unaware of their tax obligations due to uncertainty over tax rules and limited understanding of the…

Autumn Budget 2017

HMRC sends ‘nudge letters’ to crypto investors HMRC has ‘sent nudge’ letters to crypto investors who it suspects have failed to pay the correct tax on their gains, according to the Chartered Institute of Taxation (CIOT).Many crypto investors are unaware of their tax obligations due to uncertainty over tax rules and limited understanding of the…

Changes to flat-rate VAT in more detail with examples

HMRC sends ‘nudge letters’ to crypto investors HMRC has ‘sent nudge’ letters to crypto investors who it suspects have failed to pay the correct tax on their gains, according to the Chartered Institute of Taxation (CIOT).Many crypto investors are unaware of their tax obligations due to uncertainty over tax rules and limited understanding of the…