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Introduction When George Osborne stood up to deliver his Budget in March everything in his garden was rosy – or as rosy as the prevailing world economy would allow. Most

HMRC’s high profile clamp-down on suspected tax avoidance has pushed the backlog of tax disputes waiting to be heard to a new record high of 27,246, with a particular surge

Bitcoin, known now as a ‘cryptocurrency’, is seen as the world’s first decentralised digital currency. Cryptocurrencies have a unique identity and HMRC states that they cannot therefore be directly compared

In the United Kingdom, over 98% of sterling payments by value are made electronically and the ability to make electronic payments underpins the functioning of a modern economy. The Bank

HMRC have announced the latest tax gap figures. The tax gap, which is the difference between the amount of tax due and the amount collected, was 6.8% of tax liabilities,

The Financial Reporting Council (FRC) has updated the UK Corporate Governance Code so that companies will be required to publish a ‘viability statement’ and to link remuneration more closely to

With the season for workplace parties fast approaching we thought it would be a good idea to remind you of the tax implications of these type of events. The good

Bitcoin is a distributed peer-to-peer digital currency that functions without any central authority, such as the Bank of England. The currency was launched in 2008 and is traded as complex

HMRC can currently collect debts of up to £3,000 by adjusting an individual’s Pay As You Earn (PAYE) tax code which applies to their employment or pensions income. This collection

Money and payment systems are intrinsically linked. In order for an asset to function as a medium of exchange, there needs to be a secure way of transferring that asset