Episode Details
Back to EpisodesMonthly Tax E-News (Oct26)
Description
Cryptoasset holders are reminded that digital currencies are fully taxable under standard capital gains and income rules, with HMRC increasing its data-gathering capabilities.
Vehicle VAT, businesses generally cannot reclaim tax on cars unless private use is completely prohibited, though a recent tribunal ruling confirms that initial purchasing intent remains a vital factor.
Self-employed individuals and landlords earning above thirty thousand pounds must prepare for Making Tax Digital arriving in April 2027. Finally, company directors face mandatory disclosure rules for close companies on their Self Assessment returns, alongside a schedule of key autumn tax deadlines
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