HMRC’s New Campaign: A Closer Look at Crypto Tax Compliance

By Graham | December 9, 2023
A stack of gold coins on a table next to a bitcoin chart, highlighting Crypto Tax Compliance.

Introduction The phenomenal growth of cryptocurrencies has brought with it a plethora of challenges, particularly in the realm of taxation. Her Majesty’s Revenue and Customs (HMRC), has recognised the need to address this issue proactively, implementing a series of initiatives to enhance tax compliance in the crypto realm. HMRC’s New Initiatives: A Path to Tax…

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Guess Who’s Not Answering? The HMRC Helpline Adventures

By Graham | December 7, 2023
An illustration of a man sitting at a desk in an office, possibly involved in HMRC-related Helpline Adventures.

HMRC’s seven-week service reduction During the busiest period of the tax year, HMRC plans to significantly reduce access to its self-assessment helpline, focusing only on complex queries from Monday, 11th December 2023. HMRC has unexpectedly confirmed that from 11th December until 31st January, most callers to the self-assessment helpline will be redirected to online services,…

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