Tax
Taxpayers paid a record £9.9bn on capital gains tax in 2019-20
Despite this bigger bill, the number of people who had to pay capital gains tax (CGT) has continued to fall. Last year 265,000 taxpayers paid CGT, down from 276,000 in
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Business
The Inevitable: Can we keep working from home ?
A group of business leaders has urged ministers to “set the country clearly on the path to recovery” by encouraging people to return to the office. Firms needed to know
Business
Furlough Scheme: Can 10% reduction be justified
More than a million workers came off furlough in May as the economy reopened, leaving the scheme supporting the fewest people since the start of the pandemic. At the end
Business
How many restrictions should be placed upon the use of cryptocurrency
Binance, the world’s biggest cryptocurrency exchange, has been issued a warning by the UK’s financial regulator. The Financial Conduct Authority (FCA) has ruled that the firm cannot conduct any “regulated activity” in
Business
U.K Real Estate Experiences a Massive Shift
It is cheaper to rent a property than it is to buy a home for the first time in more than six years, says Hamptons. Research by the estate agency
Life Style
Online delivery services. Are you overpaying for fast food ?
Ordering a takeaway via a food delivery app can be up to 44% more expensive than dealing directly with a restaurant, according to research. The consumer organisation Which? said it
Tax
Amazon had sales of €44bn in Europe in 2020, but paid no corporation tax
Fresh questions have been raised over Amazon’s tax planning after its latest corporate filings in Luxembourg revealed that the company collected record sales income of €44bn (£38bn) in Europe last year but
Business
Bitcoin price plunges
Beijing banned banks and payment firms from providing services related to crypto-currency transactions.It also warned investors against speculative crypto trading on Tuesday. It follows falls in Bitcoin of more than
Tax
How are my cryptocurrency gains taxed in the UK
Many investors in cryptocurrencies have made big gains. But once you take profits – or even buy one cryptocurrency with another – you could be liable for capital gains tax. Cryptocurrency