Penalties for failing to notify HMRC about a capital gains tax liability have doubled in the past two years, according to new figures – and experts have said this could be the “tip of the iceberg”. A ...
Capital gains tax has been increased since Labour came to power last year and there are rumours of a further hike. It comes after CGT rates were increased in the Autumn Budget and the latest HMRC data ...
It is widely expected that capital gains tax will make an appearance in next month’s Budget - but according to HMRC figures, hiking the tax could actually decrease revenues for the government.
One thing that was clear in last month’s Budget was that the chancellor plans to rely on background tax rises to plug holes in the public finances. Rachel Reeves may not have increased your income tax ...
More than 100,000 warning letters were sent out by HMRC to cryptoasset holders in five years. Between 2020 and 2025 a total of 101,024 ‘nudge’ letters were issued for cryptoassets, relating to capital ...
Add Yahoo as a preferred source to see more of our stories on Google. I am confused about the capital gains tax bill due when I sell my flat. I bought my one-bedroom flat in 2001 and lived there for ...
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