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Do I pay tax on Bitcoin gains?
- May 13, 2021
- Posted by: admin
- Category: Business Growth, Contractors, Expenses, Investment, Tax
No CommentsIn short, the answer is yes. In December 2019 HM Revenue and Customs published their guidance document on cryptoassets for individuals, covering ‘exchange tokens’ (exchange tokens are intended to be used as a method of payment and encompasses cryptoassets like Bitcoin) and HMRC make it very clear that profits from buying and selling Bitcoin and
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Update – Coronavirus Job Retention Scheme (CJRS)
- April 27, 2021
- Posted by: admin
- Category: Business Growth, Business plans, Contractors, Tax
If you have staff, including apprentices, you’d otherwise have to lay off due to the Covid-19 outbreak, the CJRS will pay a portion of an employee’s salary, up to a maximum of £2,500 a month. The CJRS has now been extended until 30 September 2021, which was announced in the Chancellor’s Spring Budget. The grant available through the
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How Brexit is going to affect your business – #1 imports
- December 18, 2020
- Posted by: admin
- Category: Business Growth, Business plans, Expenses, Finance & accounting, Tax
You will have to declare all post Brexit imports As EU businesses, UK retailers did not previously have to declare goods arriving from suppliers also within the EU. Post Brexit, all businesses will have to declare all imports arriving from within the EU. This is already the case for importing from non-EU countries such as
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How contractors can keep more of their money during a pandemic.
- November 6, 2020
- Posted by: admin
- Category: Business Growth, Business plans, Contractors, Expenses, Investment
Cash Flow Forecast Template Excel They say cash is king, and running a business of any kind is certainly easier with more cash. Cash gives you a safety net and options. And, as a contractor or consultant, the more cash you have in your business, the longer you can weather any storms – such as
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