Make sure you think about any crypto gains when you submit your self assessment tax return.
The Capital Gains Tax Allowance was £12,300 in the 2020-21 tax year. This means you'll only pay Capital Gains Tax on any capital gains over your £12,300 allowance.
Crypto gains currently fall under the capital gains tax rules.
Read more here:-
https://www.hiclassaccounting.co.uk/cryptotaxuk
You can get £95.85 per week Statutory Sick Pay (SSP) if you’re too ill to work. It’s paid by your employer for up to 28 weeks.
https://www.hiclassaccounting.co.uk/statutory-sick-pay
VAT-registered businesses must:
keep records of sales and purchases
keep a separate summary of VAT called a VAT account
issue correct VAT invoices
VAT registered businesses with a taxable turnover of more than £85,000 must follow the rules for ‘Making Tax Digital for VAT’.
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