Posts under 'Tax'

Cryptocurrency Tax Rules Revisited

With the value of cryptocurrencies soaring in recent months, many crew are looking to withdraw their money and realise their profits. However, many are unaware how cryptocurrencies are treated for tax purposes. Read our article that revisits this subject to avoid any unexpected nasty surprises further down the track.

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2021 Budget - The Key Points

Since the Chancellor’s delayed autumn budget due to the pandemic, individuals and businesses have waited in anticipation for this year's budget announcement. Now with the spring budget finally announced, we analyse the key takeaways in our latest article.

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Brexit - A Guide for Yacht Crew

Now that the UK has finally left the EU with an agreed trade deal, many questions remain about how the changes affect yacht crew and their ability to work, live and travel in the EU now that Brexit is finally concluded. Read our latest article which addresses various concerns in more detail.

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Your Offshore Holdings Are No Longer Hidden

Yachting has long had a culture of keeping money earned offshore, away from the prying eyes of the tax man, due to crew member's common misconception of believing they have no tax obligations in any country. In our article, we explain how this is in actual fact wrong, and why new legislation means you must act now to prevent falling foul of the authorities.

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Boat VAT Liability After Brexit

With the final Brexit date looming, many UK boat owners could be at risk of incurring additional VAT liability on vessels currently located outside UK waters. Does this potential new VAT liability affect you? Read our article to find out more.

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The True Cost of a Spanish Property Purchase

Spain seems like an obviously idyllic location to buy an attractively priced property, but that may not be the whole story. There's always taxes to pay, with each region determining applicable rates individually. Read more to learn the true cost of buying a Spanish property.

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