Trading in stocks and international currencies can be a time consuming and stressful process, especially when it comes to trading on international markets.
Over the past month, we have seen some questioning Trump’s announcement and some supporting it. So, I decided to explore the legality behind banning TikTok and what makes a company liable for being ‘banned’.
It is reassuring to find technical guidance that appears to confirm we can do something without incurring any adverse consequences such as tax charges. Guidance doesn't necessarily reflect the law, however, and whilst we would expect organisations such as HM Revenue & Customs and the Pensions Regulator to get it right most of the time, their guidance isn't necessarily infallible.
Many organisations in the UK have been kept afloat by COVID-19 loans, but a lack of transparency in the scheme may have left it too open to fraudulent claims.
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