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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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