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Tag: HMRC

UK Won’t Excuse Ignorance in the Hunt for Unpaid Crypto Taxes, Experts Say

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IRS Teams Up with Global Agencies to Train Ukrainian Officers to Combat Crypto-Enabled Crime

In a significant step towards tackling cybercrime and bolstering global security efforts, the IRS Criminal Investigation (CI) recently collaborated with international counterparts to...

The Top 8 Accounting Best Practices for Businesses in 2023

In the United States alone, the accounting industry is worth $133 billion, employing 1.3 million professionals, including 665,612 certified public accountants (CPAs) as of...

HMRC Gains Reinforcements: Tax Dodgers Beware

HMRC, the British customs and tax authority, has been quietly beefing up its compliance battalion in a bid to stem a sharp decline in tax...

The three key characteristics to detect money launderers in the financial sector

The growing complexity of the financial sector is creating new opportunities for money launderers. As a result, it is essential that financial institutions are...

Crypto retail trading should be regulated as gambling: UK lawmakers

The trading of so-called “unbacked cryptoassets” such as Bitcoin (BTC) and Ether (ETH) should be regulated as gambling rather than a financial service, a...

UK Tax Authority to Access Crypto Wallets and Seize Bitcoin for Missing Payments

The UK Tax authority is looking to keep up with the times. HMRC can already seize funds from bank accounts. FinTechs and crypto are...

UK Draws Flak Over Proposal to Seize BTC From Exchanges

UK’s tax office may introduce rules to seize crypto from businesses that don’t pay taxes. The rule may get implemented faster on wallets...

15 years since Madoff and our obsession with financial crime continues (Alastair Lauder)

Can you believe it’s been 15 years since the Madoff scandal was uncovered? 15 years since the global financial crash. In fact, it was...

UK Treasury opens consultation on taxation of DeFi lending and staking

UK’s HM Treasury has outlined tax policy changes targeted at DeFi lending and staking. The proposals are...

Accointing Review 2023: Crypto Tax Simplified!

<!-- --> Navigating crypto tax can be a nightmare, especially if you don’t tackle your taxes for a few years. Trying...

Market Analysis Report (31 Mar 2023)

CryptoCompare, the FCA-authorised benchmark administrator and leading provider of real-time digital asset data, market insights and indices, is proud to announce the...

Technology and the changing face of the mortgage market (Stuart Cheetham)

How is AI and machine learning revolutionising the mortgage industry? The mortgage industry is not renowned for being user-centric and change has historically been driven...

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