Cryptocurrencies aren’t going away.
And yet, nobody seems to be giving this topic the attention it deserves. Cryptocurrencies have implications for all areas of accountancy, including income tax, corporation tax, cross border B2B payments and compliance. But there’s a lack of consensus and clear guidance on cryptos from tax authorities.
Proactive and progressive accountants should be informing their clients of the risks and opportunities. But there’s a real information deficit on the web. It’s time we started getting to grips with this subject and the best way to do that is to encourage informed voices to share their thinking and seek to build consensus.
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