If you own any crypto assets, it is important that you consider whether any gains realised have been reported correctly as these are now being targeted by the UK tax authorities at HM Revenue & ...
Read MoreExchange of information between tax authorities and Crypto platforms will lead to a more focussed approach from HMRC on unpaid Crypto taxes.
December 18, 2023
by James Graham
in
crypto currency
,
crypto guidance
,
crypto hmrc
,
crypto tax
,
cryptocurrencies
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We are finding increasing number of clients are investing in cryptoassets and we are aware that for past tax years there has been little clarity as to how gains and losses on these investments should ...
August 14, 2019
by Sophia Passingham
in
crypto assets
,
crypto hmrc
,
crypto income
,
crypto tax
,
cryptocurrencies
,
IRS crypto letter
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The IRS has announced that it will soon publish new detailed guidance on how the cryptocurrencies should be treated for US tax purposes. The existing guidance has not been updated since 2014.
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