Commodities

HMRC has updated its guidance on the tax treatment of cryptocurrencies, but the UK government still has not issued any legislation underpinning it, tax and advisory firm Blick Rothenberg has warned.

A new UK-wide training programme has been launched aimed at supporting galleries, artists and other ‘art market participants’ in meeting their obligations under the 5th Anti-Money Laundering Directive (AMLD5)

A new bill has been proposed in the New York Senate to amend the tax law by “imposing a special tax on artwork, antique furniture, and antique jewellery sold at auction; and to amend the state finance law, in relation to establishing the art education fund”

Despite being one of the most anticipated Budgets of the modern era, the actual announcement did not deliver many surprises. A series of press leaks in the run up to Chancellor Rishi Sunak’s speech, left little to the imagination. However, there were still a few announcements that have caught the private client industry’s eye...

Just over a year since he was handed the keys to 11 Downing Street, Chancellor Rishi Sunak will step up to the despatch box in the House of Commons this afternoon to deliver one of the most anticipated Budget speeches of the modern era

Stamp Duty Land Tax (SDLT) relief will be extended until the end of June, UK Chancellor Rishi Sunak announced today in his Budget speech

Litigation law firm Ontier has launched legal proceedings against a number of Bitcoin developers on behalf of Tulip Trading Limited

HMRC will have crypto assets in its 3 March Budget spotlight as Bitcoin breaks the US$50,000 mark and with capital gains tax expected to increase in line with income tax rates

In the last twenty years or so of offshore financial services, conversations with clients about succession planning and wealth transfer haven’t changed very much but the toolbox of solutions has expanded exponentially in that time...

Sean Sheridan, client director at Zedra Isle of Man, explores why estate planning gets overlooked by celebrities and UHNWIs, and why it’s so important to protect prosperity and interests