Archive for Month: August

pensions lost

Thousands of Pensions Lost

New figures published Wednesday 28th February by HMRC suggest that tens of thousands of mothers with young children could face a permanently reduced state pension because of changes to the Child Benefit system introduced in 2013. The new system...

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Disclosure of Overseas Income

Disclosure of Overseas Income

Non-UK Income?  Notify HMRC now to avoid penalties By 30 September 2018 tax authorities in over 100 countries will start exchanging information. HMRC says individuals MUST disclose any unreported/untaxed overseas income by September 2018.  Failure to do so will result...

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Cryptocurrency Tax Laws

Cryptocurrencies are relatively new assets for tax advisers to advise on and even though they can be used in a way similar to cash, gains on cryptocurrencies are taxable to the extent they exceed the £11,300 capital gains tax...

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