Overview

Dan will take you through the market trends that ignore cryptoasset prices and gets down the fundamentals of user adoption growth, trading volumes and several historical references to demonstrate crypto is here to stay. And that every accountancy practice needs to be ready for mass consumer adoption.

Key Features

• What is crypto? - How did it start, and why crypto is a paradigm shift.

• The crypto market - Ignore price - the noise. Follow the signal of user adoption and network effects.

• How is crypto taxed in the UK and what activity to expect.

• How can software help you calculate your taxes.

• Get ready! The impending crypto tax storm - a summary of tax pressure globally, HMRC actions and the OECDs proposed Cryptoasset reporting framework.

You will walk away from this session with...

• An in-depth understanding of why cryptoassets are a revolutionary technology on par with the other technological advances such as mobile phones and the internet.
• An indication of how many cryptoasset users will be in the UK over the next 5-10 years.
• A key understanding of how cryptoassets are taxed in the UK, and how this is balanced against the government's ambition to be a global Crypto hub.
• How software can help you and your practice become crypto-ready.

Recorded on 8 September 2022.

Daniel Howitt.

Dan has participated in Cryptoasset round table events chaired by HMRC and also helped in the consultation of the OECD's proposed Cryptoasset Reporting Framework and CryptoUK's response to HMRC's Defi guidance published Feb 2022.

1 CPD unit

1 hour of learning = 1 unit of CPD.

ACCA members can use this learning to meet their CPD requirements provided it is relevant to their career. If the event contributes to general knowledge and skills, it should be recorded as non-verifiable CPD. If the learning can be applied in the workplace, it will contribute to verifiable CPD.

Fee: 50 GBP + VAT (60 GBP) per delegate

Please note: Once you have purchased this webinar, it will be available for you to view for 12 months. 

This event is organised by ACCA UK Continuous Learning Team.

If you have any queries regarding this event please contact us on:

UKCL@accaglobal.com