HMRC Cryptoasset Reporting Changes from 2025

We would like to bring HMRC’s upcoming reporting changes for cryptoassets on self-assessment tax returns to your attention. From tax year 2024-25 onwards, the HMRC cryptoasset reporting changes will see taxpayers be required to separately identify amounts relating to cryptoassets on their self-assessment tax return forms. This includes all transactions involving cryptocurrencies and non-fungible tokens (NFTs). The aim of these …

What do you need to know before incorporating a Limited Company

When starting a business it is important to understand what business type you should adopt.  This article cover what a Limited Company is along with the pros and cons of being such. We will only cover the most common type of Limited Company which is a Close Company, meaning it is effectively owned and managed by its shareholders (up to …