HMRC News

Effective Jan.1, 2023, the U.K. will offer tax relief for crypto foreign investors who purchase digital currencies via regulated brokers and investment managers.

The UK tax authority, HMRC, has confiscated three Non-Fungible Tokens (NFT) as part of an investigation into a suspected VAT fraud implicating 250 purported fake firms. According to HMRC, three persons have been arrested for allegedly attempting to defraud HMRC…