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Hmrc

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business12 days ago•2 min saved

Global Crypto Tax Enforcement Tightens Ahead of 2026 CARF Rollout

The UK has implemented new regulations requiring cryptocurrency users to share account details with HMRC to ensure proper tax compliance, including capital gains tax, with exchanges now responsible for automatically reporting user earnings to prevent tax evasion. The move aims to recover an estimated £300 million in unpaid taxes over five years and aligns with international efforts to regulate the crypto industry more effectively.

via BBC|

#business #cryptocurrency #hmrc

technology-government2 years ago•8 min saved

"Fujitsu's Role in Government Scandals Under Scrutiny"

Fujitsu, the supplier of the controversial Horizon accounting system to the Post Office, has won billions in government contracts despite its involvement in a scandal that led to wrongful convictions and suicides. The government's reliance on large IT contractors like Fujitsu is highlighted, with concerns raised about the lack of technical and commercial skills within government bodies to effectively manage these contracts. Calls for a moratorium on new contracts for Fujitsu have been made, but the issue extends beyond just one supplier, revealing systemic challenges in government IT procurement and management.

via The Register|

#fujitsu #government-procurement #hmrc