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News Explorer — What the UK's New Crypto Tax Rules Mean for Holders

Generated by AI, curated by humans

Mar 17, 5:32 pm

Decrypt

What the UK's New Crypto Tax Rules Mean for Holders

The British finance ministry's plans to update crypto tax rules should help taxpayers understand their obligations and give the Government more information on crypto holders, according to experts. The change requires any amounts related to crypto to be identified separately, and it is expected to raise an additional £10 million ($12.1 million) a year.

The British finance ministry's plans to update crypto tax rules should help taxpayers understand their obligations and give the Government more information on crypto holders, according to experts. The change requires any amounts related to crypto to be identified separately, and it is expected to raise an additional £10 million ($12.1 million) a year.

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