Cryptocurrency prices have increased significantly in 2020 and many clients have made money from their investments. Tax liabilities for the financial year ending 31 March 2021 are likely to follow; prepare now. Some clients will keep their profits invested in…
Month: December 2020
Safe Harbour Tax Overview
Cryptocurrency prices have recently increased significantly in value. This results in many clients currently having significant profits and subsequent tax liabilities. In some cases, IRD will charge interest at 7% pa on any underpaid tax. This article focuses on those…