Rachel Reeves, the first female Chancellor of the Exchequer in the role’s 800-year history, delivered Labour’s first budget in 14 years on the 30th October. We have set out below a brief summary of some of the tax measures...more
11/1/2024
/ Autumn Statement ,
Budgets ,
Capital Gains ,
Capital Gains Tax ,
Carried Interest ,
Carried Interest Tax Rates ,
Inheritance ,
Inheritance Tax ,
Pension Funds ,
Stamp Duty Land Tax ,
Tax Rates ,
Transfer Taxes ,
UK ,
Value-Added Tax (VAT)
Businesses in the blockchain and cryptoasset space are increasingly looking to utilise digital currency and other cryptoassets as an alternative to or alongside other, more traditional employee incentive arrangements, such as...more
6/10/2024
/ Bitcoin ,
Blockchain ,
Capital Gains ,
Compensation ,
Cryptoassets ,
Digital Currency ,
HMRC ,
Incentive Compensation ,
Tax Liability ,
UK ,
Utility Tokens
HM Revenue & Customs (“HMRC”) has published a policy paper, accompanied by draft legislation, which confirms the removal of the 1.5% charge to stamp duty and stamp duty reserve tax (“SDRT”) on the issuance of UK shares into...more
9/15/2023
/ Bearer Shares ,
Capital Raising ,
Deposit Accounts ,
HMRC ,
Investors ,
Money Transfer ,
Policy Memorandums ,
Proposed Legislation ,
Securities ,
Shareholders ,
Stamp Taxes ,
UK ,
UK Brexit