Described as the worst tax relief in the UK, entrepreneurs’ relief is an anachronism in a country which prides itself on ensuring that every tax relief is underpinned by a robust policy objective. Will it survive the chancellor’s Budget on 11 March 2020?
In seeking a test that is predictable and easy to apply, HMRC will consider that the location of exchange tokens follows the jurisdiction of tax residence of the individual holder.
Something of a game changer?
Changes have been made to the UK’s anti-money laundering rules.