The advent of cryptocurrency and the growth of the gig economy have presented new challenges for tax authorities around the world. Cryptocurrency transactions are often difficult to trace and value, while the gig economy has created a new class of
How to Invest in Cryptocurrency? Investing in cryptocurrency is becoming increasingly popular as more people recognise the potential of this digital asset class. But before taking the plunge into investing in crypto, it’s important to understand the fundamentals of how
Memory is a slippery thing. Especially when it comes to various deadlines and important terms. Unfortunately, HMRC doesn’t seem to show much compassion regarding missed dates. However, even if you forgot about the UK tax deadline, there are a few
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