An ‘interesting report’ by the Treasury Select Committee published today. They have stated in their report that cryptocurrencies have “characteristics closely resembling gambling”. There is plenty to unpack there. Of course, anyone who has witnessed the recent meme coin explosion / implosion (you all know PEPE, right?) would perhaps sympathise that some elements could rightly […]
Introduction On April 28, 2023, the Court of Appeal has issued a judgment in the case of David McClean & Ors v Andrew Thornhill KC [2023] EWCA Civ 466, unanimously dismissing the appeal. The case was brought by investors who had put their money into three film finance schemes promoted by Scotts Atlantic Management Limited […]
Introduction So, picture this. A (high quality) tea towel… with an image of each of the monarchs to be coronated over the last 100 years or so. We can list some key tax facts of the period to add a bit of pzazz! Yes, it is a lot of faces and […]
Introduction Last September, the talk of crypto town was the Ethereum Merge or simply The Merge. This title encapsulates the shift by the Ethereum blockchain from the Proof of Work engine to Proof of Stake. Crypto is full of jargon, which is saying something from someone who works in tax. However, a fair chunk of […]
The mission was simple. Could I get ChatGPT to do all my work for me? Did it work? Here was the request [AW] “Can you provide me with an explanation of the UK transfer of assets abroad provisions that a 12 year old would understand with examples please? [ChatGPT ]“Sure, […]