{"id":39896,"date":"2023-01-01T10:15:31","date_gmt":"2023-01-01T10:15:31","guid":{"rendered":"http:\/\/egrowonline.com\/?p=39896"},"modified":"2023-01-01T10:15:31","modified_gmt":"2023-01-01T10:15:31","slug":"uk-enforces-crypto-tax-break-for-foreign-residents-using-local-investment-managers","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=39896","title":{"rendered":"UK Enforces Crypto Tax Break for Foreign Residents Using Local Investment Managers"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p>\u201cThis exemption is an important factor in attracting global investors, meaning foreign investors won\u2019t be brought into U.K. tax simply by appointing U.K.-based investment managers,\u201d the government&#8217;s tax arm, the HM Revenue and Customs, said in an email to CoinDesk. \u201cTo build upon the U.K.\u2019s position as an investment management hub, this exemption has been extended to include crypto assets, so that funds which include them aren\u2019t put off from appointing U.K. managers.\u201d<\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/news.google.com\/__i\/rss\/rd\/articles\/CBMia2h0dHBzOi8vd3d3LmNvaW5kZXNrLmNvbS9wb2xpY3kvMjAyMy8wMS8wMS91ay1lbmZvcmNlcy1jcnlwdG8tdGF4LWJyZWFrLWZvci1mb3JlaWduZXJzLXVzaW5nLWxvY2FsLWJyb2tlcnMv0gF6aHR0cHM6Ly93d3cuY29pbmRlc2suY29tL3BvbGljeS8yMDIzLzAxLzAxL3VrLWVuZm9yY2VzLWNyeXB0by10YXgtYnJlYWstZm9yLWZvcmVpZ25lcnMtdXNpbmctbG9jYWwtYnJva2Vycy8_b3V0cHV0VHlwZT1hbXA?oc=5\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u201cThis exemption is an important factor in attracting global investors, meaning foreign investors won\u2019t be brought into U.K. tax simply by appointing U.K.-based investment managers,\u201d the government&#8217;s tax arm, the HM Revenue and Customs, said in an email to CoinDesk. \u201cTo build upon the U.K.\u2019s position as an investment management hub, this exemption has been [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":39897,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[37],"tags":[439,62,13153,5971,874,572,2566,5108,929],"class_list":["post-39896","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","tag-break","tag-crypto","tag-enforces","tag-foreign","tag-investment","tag-local","tag-managers","tag-residents","tag-tax"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"http:\/\/egrowonline.com\/wp-content\/uploads\/2023\/01\/MV6PTC2YKZD5FKJNXZYKXRJ6AY.jpg","_links":{"self":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/39896","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=39896"}],"version-history":[{"count":1,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/39896\/revisions"}],"predecessor-version":[{"id":39898,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/39896\/revisions\/39898"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/media\/39897"}],"wp:attachment":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=39896"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=39896"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=39896"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}