ณษศหำฐา๔

Tax News

CIOT response on taxation of Decentralised Finance involving the lending and staking of cryptoassets

Published on: 01 September 2022
Published by a

Specialist Tax Regulatory Materials

Article summary

The CIOT has responded to the HMRC call for evidence on the taxation of decentralised finance involving the lending and staking of cryptoassets.

Jurisdiction(s): England, Northern Ireland, Scotland and Wales

Popular Articles

SEIS and EIS โ€• overview

SEIS and EIS โ€• overviewThe seed enterprise investment scheme (SEIS) and enterprise investment scheme (EIS) are very similar schemes which offer substantial tax incentives to investors in companies which qualify. The tax incentives for SEIS and EIS investments are intended to encourage investment in

14 Jul 2020 13:31 | Produced by Tolley Read more Read more

Tax on UK resident beneficiaries of non-resident trusts โ€• overview

Tax on UK resident beneficiaries of non-resident trusts โ€• overviewIntroductionUK resident beneficiaries of non-resident trusts are subject to UK tax on payments or benefits received from the trust. They are liable for income tax on income distributions from the trust and they may also be liable to

14 Jul 2020 13:47 | Produced by Tolley Read more Read more

Bare trusts โ€• income tax and CGT

Bare trusts โ€• income tax and CGTThis guidance note explains how trustees of bare trusts are treated for income tax and capital gains purposes. Although a bare trust is, in equity, a type of trust, for both income tax and capital gains tax purposes its existence is transparent. This means that no tax

14 Jul 2020 15:34 | Produced by Tolley Read more Read more