Posts on the Topic Allowance

Understanding crypto tax in the UK is crucial for investors, as cryptocurrencies are treated as assets subject to capital gains tax (CGT) during various transactions. Key considerations include taxable events, annual allowances, and record-keeping requirements to ensure compliance with HMRC...

Cryptocurrency in the UK is treated as property for tax purposes, subject to Capital Gains Tax when disposed of; investors must understand their tax obligations to avoid penalties and optimize investment strategies. HMRC provides guidelines on crypto taxation, including CGT...