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Results for UK, Tax, Crypto

3 stories, newest first

Jan 10, 2024 — Crypto, Legal

HMRC has reminded UK crypto traders to pay taxes when they receive crypto as part of a trade or via income from crypto-related activities.

The UK gov't wants to know how many times a crypto asset has been transacted, how much it cost, what exchanges were used, and any profits.

Sep 1, 2023 — Crypto, Tax

The UK's 40% tax rate means that £100,000 in inherited crypto could still incur a £40,000 bill, even if bereaved families can never spend it.