Tax implications for fintech

 

‘Fintech’ bridges the gap between financial services and technology and nowadays is generally understood to mean innovation in financial technology. While fintech is a global phenomenon London is likely to be an important fintech hub in the medium to long term.

 

Recent fintech developments have led to much speculation about their impact on the business regulatory and legal environment in which fintech start-ups and established financial institutions operate with little mention of tax implications. Consequently this article considers some high level UK tax implications for three important fintech developments namely P2P lending crowdfunding and blockchain.

 

 

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