The Knowledge Centre

Introduction For many, cryptocurrency will be more associated with non-compliance than it is for compliance with the tax rules! This is unfortunate. Thankfully, the market has moved on as it has evolved and the majority of people in the industry will be aware of their tax reporting obligations. That said, there will still be those […]

For many years, HM Revenue & Customs (“HMRC”) has offered disclosure opportunities, inviting those with undeclared income to come forward and settle with HMRC. From HMRC’s perspective, disclosure opportunities are attractive, shifting the workload toward the taxpayer, leaving them to check the details. From the taxpayer’s perspective, disclosure opportunities, while varying in their terms, are […]