With cryptocurrencies becoming increasingly popular as part of an individuals overall investment portfolio, it is important to understand the tax treatment.
HM Revenue & Customs have issued comprehensive guidance but this a complex area and not only should you ensure that you understand the tax treatment prior to making a cryptocurrency investment, it is important to know when and how to register with HMRC as well as correctly identifying and reporting the relevant transactions on your annual self assessment tax return.
The Chancellor’s Budget 2021 was again focused on dealing with Covid-19 and managing its long-term impact on public finances. Read our summary to find out more.
Planning this year is more difficult than usual with the cancellation of the November Budget and ongoing economic uncertainty due to the coronavirus pandemic. So, as the tax year end approaches, it is more important than ever to make the most of the reliefs and allowances while they are still available and we hope this guide gives you some useful ideas.
We are delighted to renew our Guildford Philanthropy Corporate Ambassadorship for another year.
Guildford Philanthropy was conceived in 2014 by Guildford Borough Council and The Community Foundation for Surrey specifically to help the disadvantaged members of the community, within the Borough of Guildford. Their purpose is to raise awareness and encourage local donors to support the raising of an endowment fund to enable grants to be awarded to help those in need.
In light of the extraordinary impact of the current Covid-19 pandemic, they pivoted away from their usual activity of promoting and supporting social enterprise in the early stages of the Covid19 pandemic to provide direct help to charities on the front line, including the North Guildford Foodbank, Guildford Voluntary Action and most significantly Foodwise TLC. They are now directing their attention to the inevitable surge in jobless numbers that continue to rise, by seeking to instigate and support local retraining initiatives and job support.
Useful summary of the key contents from the Summer Statement 2020
Opportunities to reduce the taxman's take from your own and your family's income...
The Chancellor’s Budget 2020 was focused on dealing with Covid-19 alongside spending on infrastructure and building a new economy but there were few tax measures. Read our summary for more details.
Planning points to consider in the run-up to the end of the tax year on 5 April 2020.
We are very proud to be a Guildford Philanthropy Corporate Ambassador.
Guildford Philanthropy was conceived in 2014 by Guildford Borough Council and The Community Foundation for Surrey specifically to help the disadvantaged members of the community, within the Borough of Guildford. Their purpose is to raise awareness and encourage local donors to support the raising of an endowment fund to enable grants to be awarded to help those in need. In particular, to encourage the growth of social enterprise, not for profit businesses which provide social or environmental benefit to the local community and offer training and retraining opportunities.