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3232UK Treasury Budget Discusses Separate Reporting of Crypto Assets in Tax Documents
https://www.digit.info/uk-treasury-budget-discusses-separate-reporting-of-crypto-assets-in-tax-documents/
Thu, 16 Mar 2023 02:49:56 +0000https://www.digit.info/2023/03/16/uk-treasury-budget-discusses-separate-reporting-of-crypto-assets-in-tax-documents/Read more]]>Taxpayers in the United Kingdom will have to report cryptocurrency assets separately in their tax documents for the tax year 2024-25, according to the Exchequer’s recently published spring 2023 budget. New Criminal Offenses Planned by U.K. Government to Combat Tax Avoidance Amid the chaos in the banking sector following the collapse of Silicon Valley Bank’s […]
]]>Bank of England Shuts Down Silicon Valley Bank’s UK Branch After US Regulators Close Parent Company
https://www.digit.info/bank-of-england-shuts-down-silicon-valley-banks-uk-branch-after-us-regulators-close-parent-company/
Sat, 11 Mar 2023 22:30:33 +0000https://www.digit.info/2023/03/11/bank-of-england-shuts-down-silicon-valley-banks-uk-branch-after-us-regulators-close-parent-company/Read more]]>After U.S. regulators shut down Silicon Valley Bank (SVB) on Friday, the Bank of England has closed the company’s U.K.-based arm. The central bank explained that it intends to place the subsidiary into bank insolvency procedures. Fallout From SVB Failure Prompts BOE to Close U.K. Branch The ripple effect of the 16th largest bank in […]
Taxpayers in the United Kingdom will have to report cryptocurrency assets separately in their tax documents for the tax year 2024-25, according to the Exchequer’s recently published spring 2023 budget. New Criminal Offenses Planned by U.K. Government to Combat Tax Avoidance Amid the chaos in the banking sector following the collapse of Silicon Valley Bank’s […]
After U.S. regulators shut down Silicon Valley Bank (SVB) on Friday, the Bank of England has closed the company’s U.K.-based arm. The central bank explained that it intends to place the subsidiary into bank insolvency procedures. Fallout From SVB Failure Prompts BOE to Close U.K. Branch The ripple effect of the 16th largest bank in […]