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Crypto Tax In The UK
Manage episode 326472535 series 3297850
The UK Tax season started in the first week of April. The UK splits crypto tax into mainly capital gains tax and income tax. Capital gains tax is subject to more rules to do with the cost basis of your crypto, whereas certain crypto interactions fall into income tax. I delve deeper into all these topics and discuss some nuances.
Disclaimer: I am not a tax expert. Please consult a tax professional regarding how much you may be liable to pay.
Links:
Podcast - https://www.blockchainandbeyond.co.uk/
Twitter - https://twitter.com/BCBeyondPodcast and https://twitter.com/FarzanAkhtar1
Substack - https://substack.com/profile/33433115-farzan-a
Youtube - https://www.youtube.com/channel/UCpxhLjdOdi5oiOG2nRIgsTQ/featured
Instagram - https://www.instagram.com/blockchainandbeyondpodcast/
Tiktok - https://www.tiktok.com/@blockchainandbeyond2021
68 episodes
Manage episode 326472535 series 3297850
The UK Tax season started in the first week of April. The UK splits crypto tax into mainly capital gains tax and income tax. Capital gains tax is subject to more rules to do with the cost basis of your crypto, whereas certain crypto interactions fall into income tax. I delve deeper into all these topics and discuss some nuances.
Disclaimer: I am not a tax expert. Please consult a tax professional regarding how much you may be liable to pay.
Links:
Podcast - https://www.blockchainandbeyond.co.uk/
Twitter - https://twitter.com/BCBeyondPodcast and https://twitter.com/FarzanAkhtar1
Substack - https://substack.com/profile/33433115-farzan-a
Youtube - https://www.youtube.com/channel/UCpxhLjdOdi5oiOG2nRIgsTQ/featured
Instagram - https://www.instagram.com/blockchainandbeyondpodcast/
Tiktok - https://www.tiktok.com/@blockchainandbeyond2021
68 episodes
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