Meet the millennials who are selling their home to achieve financial freedom

Meet the millennials who are selling their home to achieve financial freedom

Property tax reform has shifted the target for investors looking to build wealth through real estate, prompting one homeowner to make a radical change. New rules that replace the 50 percent capital gains tax rebate with inflation indexation and eliminate negative interest rates for established residential properties have led some investors to shift to parts … Read more

Group financial reporting: Going beyond the basic income statement

Group financial reporting: Going beyond the basic income statement

A single income statement is a good measure of a business with one entity, one source of income, and direct ownership. As soon as one of these things changes, it is no longer a good measure. Add a subsidiary, open a second revenue stream, or bring in a joint venture partner, and a single income … Read more

Good Accounting: How to Keep Financial Records

Good Accounting: How to Keep Financial Records

When running your own business, it is important that you keep accurate financial records. Accounting doesn’t have to be time-consuming, and staying current can save you money, make your business more efficient, and help it grow. Here’s how to make managing your books easier. Get the right accounting system for your business It is important … Read more

The Financial Conduct Authority (FCA) is targeting three buildings in London in an illegal P2P cryptocurrency trading campaign

The Financial Conduct Authority (FCA) is targeting three buildings in London in an illegal P2P cryptocurrency trading campaign

TL;DR The Financial Conduct Authority (FCA), HMRC and the Metropolitan Police have searched three premises in London on suspicion of illegal cryptocurrency trading. Cease and desist notices were issued. The action involved unregistered P2P companies, not licensed UK exchanges. The Financial Conduct Authority has intensified its enforcement action against illegal peer-to-peer cryptocurrency trading in London. … Read more