UK Shellfish Industry Faces Regulatory Roulette as French Border Controls Intensify
Export Crisis Hits British Mussel Producer One of Britain’s largest mussel exporters has suffered devastating financial losses totaling £150,000 after…
Tag: HM Revenue and Customs
Shipping Chaos Hits Consumers as New Tariff Policies Disrupt International Deliveries
American consumers are experiencing shipping chaos as new tariff policies eliminate exemptions for small international shipments. UPS customers report packages held for weeks, surprise bills, and confusing customs requirements disrupting online orders from abroad.
Tariff Changes Create Shipping Headaches
American consumers are facing unprecedented shipping challenges and surprise fees as recent tariff policy changes eliminate exemptions for small international shipments, according to reports. The elimination of the de minimis loophole in August, which previously exempted shipments under $800 from tariffs, has created confusion and delays for customers ordering from abroad, with UPS customers reporting particularly severe disruptions.
UK Tax Authority Intensifies Crypto Capital Gains Enforcement Campaign
The UK tax authority has significantly escalated its pursuit of unpaid taxes on cryptocurrency gains, according to recently released data. HMRC reportedly sent 65,000 warning letters to crypto investors in the 2024-25 tax year, more than doubling the previous year’s enforcement activity as regulatory scrutiny intensifies.
HMRC Ramps Up Crypto Tax Compliance Efforts
The UK tax authority has dramatically intensified its campaign to recover unpaid taxes on cryptocurrency investments, according to reports. HM Revenue and Customs reportedly sent 65,000 warning letters to individuals suspected of owing capital gains tax on their digital asset holdings during the 2024-25 tax year, more than double the 27,700 letters sent the previous year.