Not paying your taxes on time or in full.This can also lead to penalties and interest, and in some cases, HMRC may even take legal action against you. Failure to keep adequate records of business income and expenses can make it difficult for HMRC to verify your tax returns andmay lead t...
Failing to report gains or losses can lead to penalties and interest charges. HMRC considers it tax evasion and may impose severe consequences. Where can I find more information on crypto taxes in the UK? Visit the HMRC website for official and detailed guidance on crypto taxes. ...
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