by wxplo | Oct 22, 2021 | Cryptocurrencies, Money Matters, Wealth, Wealth News
Do you have to pay taxes on cryptocurrency UK? Yes, you do. If you reside in the UK and hold cryptoassets they will be taxed if you make a profit (or gain) with the holding. The tax is Capital Gains Tax (CGT), meaning you pay tax on the difference between what your...
by wxplo | Sep 9, 2021 | Money Matters, Wealth News
What happens when Furlough Ends? The government support scheme called Furlough ends in September 2021. It has provided a lifeline of support for certain sectors of the economy and enabled employers to stay afloat and retain staff. But all good things must come to an...
by wxplo | May 2, 2021 | Money Matters, Wealth, Wealth News
Capital Gains Tax (CGT) is payable on…capital gains – profit after costs. In the US, part of President Biden’s proposal for his American Family Plan is to potentially make property investors, amongst other wealth accumulators (Note: not wealth creators such as...
by wxplo | Mar 20, 2021 | Money Matters, Money Mindset
What is Money? Once upon it was easy. We all knew what money was. We could see it and feel it. But what is the money in your pocket today? If there’s any money at all, or if you have pockets, that is. Are you one of the growing number that use their smartphones,...
by wxplo | Oct 13, 2020 | Financial Planning, Money Matters
If you’re coming up to retirement or are just retired and there’s insufficient pension provision; getting money out of the house could be an option. Releasing equity from your property may be the only real option of enhancing and paying for the ‘little...
