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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
Inheritance Tax This is a tax on your estate (your assets including properties, savings minus your debts). The threshold ie nil rate band is currently £325,000. This means your estate value up to this amount is tax-free. If your estate is worth more than this, any amount over £325,000 is charged 40% and this is … Continue reading
Phoenix Debola 