Is it still worth getting involved with cryptocurrency?
Some of the biggest retailers in the world, including Starbucks and Burger King, now accept cryptocurrencies through exchange systems that convert the payment into a
Home VAT home: VAT costs on home ownership and renting
Buying, owning or renting a home gives you a lot to think about, especially if you’re planning building or refurbishment work. One of the property
BKL and The Broker Club: Cryptocurrencies and Digital Finance
Our financial services team is pleased to be hosting an event exclusively for brokers, in collaboration with The Broker Club and BCB Group. The Broker
The hanging haystacks of Babylon: is this a business for VAT purposes?
Babylon Farm Limited (“Babylon”) submitted an appeal against HMRC’s decision to disallow VAT recovery. HMRC found that Babylon, which produced hay and maintained outbuildings on
Personally owned business assets: halfway to BPR
One of the most valuable reliefs from Inheritance Tax (“IHT”) is Business Property Relief (“BPR”). This operates to reduce the taxable value of some assets
Child Benefit pension benefits
Child Benefit has been around since the 1970s. It got complicated when the High Income Child Benefit Charge (“HICBC”) was introduced at the start of
Paying employees in cryptocurrency is risky for workers
Some companies around the world are offering to pay their employees in cryptocurrencies, a controversial and complicated choice that can cause problems for workers. In
Church construction and VAT: annexe or extension?
Immanuel Church undertook building work and claimed that this qualified as an annexe rather than an extension to what was already there. In terms of
Great expectations? Receiving inheritance from abroad
BKL tax adviser and inheritance tax specialist Terry Jordan was quoted in an article about receiving inheritance from abroad, in The Mail on Sunday on 13
Open Banking: changes for clients who use cloud accounting
This autumn, Open Banking has been introduced to improve competition in the banking industry and make online banking more convenient for people and small businesses.