81,000 HMRC Letters: Crypto tax has entered a new phase
If you thought crypto tax was something HMRC wasn't paying much attention to, recent events are suggesting otherwise. As reported recently by the BBC, HMRC sent 81,000 warning letters to people they believe have crypto-related tax obligations. Their message is [...]
HMRC’s Crypto tax nudge letters
A few years ago crypto was almost a mythical phenomenon, with investors few and far between, and those who invested may have been looked upon as slightly mad to trust such a new form of investment. Fast forward to [...]
Do you owe tax on cryptocurrency in the UK?
If you have, or have previously had any dealings with cryptoassets the chances are there will be a tax liability for you. There’s been some confusion in the past around the tax treatment of crypto, but HMRCs stance is [...]