Cryptocurrency and Gig Economy Taxation

The advent of cryptocurrency and the growth of the gig economy have presented new challenges for tax authorities around the world. Cryptocurrency transactions are often difficult to trace and value, while the gig economy has created a new class of

Cryptocurrency and the UK fintech industry

The fintech sector in the UK is booming. With over 1,600 companies, the highest level of investment in Europe ($11,6 billion in only 2021!), and nearly 75% of Britons adopting digital financial services, the United Kingdom serves as a promised

The impact of Brexit on the UK cryptocurrency mark...

In February 2016, the UK’s Prime Minister, David Cameron, announced he would hold a national referendum on whether the UK should leave the European Union. The government carried out the vote the same year, and results returned with 51.9% of

Strategies for Minimizing Cryptocurrency Tax Liabi...

Cryptocurrencies have become increasingly popular in recent years, with more people investing in them as a way to diversify their investment portfolios and potentially earn higher returns. However, as with any investment, taxes are an important consideration that can have

Taxation of Decentralized Finance

No matter how decentralized the web3 space is, HMRC pays a lot of attention to transactions happening in the world of DeFi. That is why, as a user of such apps as Aave, Uniswap, or GMX, you still need to

What if you missed the UK tax deadline?

Memory is a slippery thing. Especially when it comes to various deadlines and important terms. Unfortunately, HMRC doesn’t seem to show much compassion regarding missed dates. However, even if you forgot about the UK tax deadline, there are a few