Crypto enthusiasts love airdrops. They often give the impression of free money and enable web3 users to quickly capitalize on being an early adopter of a particular project. However, are they really “free”? UK’s tax authorities have a rigorous view
Even at the best of times, tax can be complicated. However, crypto tax can hurt your brain if it is not explained well! This article will cover everything you need to know about paying cryptocurrency tax in the UK. Cryptocurrencies
If you need to report and pay Capital Gains Tax, you can either: Complete a Self Assessment tax return at the end of the tax year. Use the Capital Gains Tax real-time service to report it straight away. This
Cryptocurrencies remove the need for centralised intermediaries and allow users to transact directly with each other, but that doesn’t mean they come without tax implications. In the UK, it is important to understand how cryptocurrencies are taxed in order
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