The issues surrounding the taxation of cryptocurrencies

Cryptocurrencies such as Bitcoin are still a relatively new addition to the world of finances and, as such, the rules surrounding them aren’t completely clear as of now. It was a quick development that was difficult to predict and prepare for, and thus the issue of taxing Bitcoins and other cryptocurrencies is still mostly up […]

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When is paying your tax late excusable?

Paying your taxes is one of the most fundamental obligations you have as a citizen of any country. It goes without saying, then, that not paying your taxes will result in a penalty. In the case of the UK, the HMRC has been aligning penalties for most taxes ever since 2008. Among the regulations established […]

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What is CIS deduction?

Running a business in the UK might be considered smooth sailing, but it’s not a process devoid of formalities and responsibilities. This is, of course, very important to keep track of in order to make sure everything is running in accordance with legal regulations. One of those that is relevant to construction work in particular, […]

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