uncleflo
Registered since September 28th, 2017
Has a total of 4281 bookmarks.
Showing top Tags within 2 bookmarks
howto information development guide reference administration design website software solution service online product business uk tool company linux code server system application web list video marine create data experience tutorial description explanation learn technology build article blog world boat project download windows lookup security free performance javascript technical london beautiful control network tools support course file research purchase image library programming youtube example php install opensource construction html community quality computer feature profile power browser music platform process mobile work user share manage professional database hardware buy industry dance advice internet installation developer 3d camera search access customer material travel test standard money develop review documentation css engineering photography webdesign engine digital device speed source event api question management program discussion client phone simple content water story marketing app yacht setup account interface package idea fast communication cheap compare script market study easy live google resource operation monitor contact demonstration
Tag selected: loophole.
Looking up loophole tag. Showing 2 results. Clear
Tax Loophole Found for UK Crypto Profits
Saved by uncleflo on February 10th, 2018.
Each country has its own systems for tax evaluation and collection, and some countries are stricter than others. One of the major issues governments have with cryptocurrencies is the difficulty in taxing profits made on trading. The United Kingdom’s HMRC (Her Majesty’s Revenue and Customs department) found this out the hard way. Finance experts have warned that a loophole which reduces crypto gains to zero can be exploited on tax returns in the UK. It was reported that this could potentially deprive the government of millions in lost revenue. HMRC will be expecting a large number of profit declarations on tax returns after the crypto market capacity soared by almost 2000% in the past year. However, the taxman could be seeing far less than anticipated due to a loophole which currently enables crypto profits to be declared as gambling winnings, which are not taxable.
bitcoin system country collection tax evasion loophole profit anticipation capacity return money expert potential reduce reduction government zero strict issue major declare
Articles | Government Auctions
Saved by uncleflo on September 2nd, 2014.
Magistrates' courts could grind to a halt if thousands of motorists exploit a legal loophole unwittingly exposed by a Welsh driver. Magistrates had no choice but to find Phillip Dennis, of Whitford, Flintshire, not guilty of speeding when his case was heard on Thursday. He had omitted to sign the standard form which is sent to the owner of each vehicle caught by a speed camera - and Mold magistrates said they couldn't accept the form as evidence. Police have no power to compel car owners to sign the form and have been expecting someone to spot the loophole.
court motorist legal loophole expose driver magistrate speeding sign owner vehicle evidence police expect story break system auction article government interesting uk camera authority mail implication option
No further bookmarks found.