Yearly archive for 2021

Many people think of cryptocurrency as an investment: something you could buy in the hopes that it will increase in value. But Bitcoin and other cryptocurrencies are increasingly creeping into day-to-day life and becoming a real financial consideration for individuals who might have previously seen cryptocurrency as

A company can pay dividends to its shareholders at any time as a reward for investing in the business and as a way of distributing company profits. Because of the way that they are awarded, however, many directors unknowingly pay illegal dividends. How are dividends paid? Two

Our last blog answered some big questions: What is Cryptocurrency? And how might crypto tax and crypto assets impact my finances? But there’s a lot more to understand about cryptocurrencies. Our experts have increasingly been asked to explain Bitcoin mining, or crypto mining, and how to declare

Many small business directors find themselves in a position where they want to borrow money from their cash rich businesses. It’s tempting to draw down funds using their Director’s Loan Account (DLA), however, many do so without fully understanding the potential tax consequences. Is the loan affordable?