cryptocurrency

This tag is associated with 4 posts

Nudge – Capital Gains Tax Allowance

If you trade in shares, crypto, etc, and you’re considering selling a few things, you may want to ensure that most fall in the 2022/2023 tax year because, as you may or may not know, the capital gains tax annual exempt amount drops from £12,300 to £6,000 effective April 2023. In 2024, it’s £3,000!

Based in the UK and (thinking of) getting paid in Crypto?

Cryptocurrency received for services you provide is ‘income’ and may be liable to tax and national insurance contributions (NIC). If due and if the tokens are readily convertible assets, these must be paid before the crypto is paid to you. Tax and NIC paid on your behalf by your employer must be reimburse within 90 … Continue reading

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