Accounting

This category contains 104 posts

Code of Practice 9 (COP9) Tax Investigations

If you receive a letter referring to COP9, it means you’re being given the opportunity to make a complete and accurate disclosure of all deliberate and non-deliberate conduct that have led to suspected irregularities in your tax affairs. If HMRC suspects that a full disclosure is not made, they reserve the right to trigger a … Continue reading

Based in the UK and (thinking of) getting paid in Crypto?

Cryptocurrency received for services you provide is ‘income’ and may be liable to tax and national insurance contributions (NIC). If due and if the tokens are readily convertible assets, these must be paid before the crypto is paid to you. Tax and NIC paid on your behalf by your employer must be reimburse within 90 … Continue reading

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