Tax scams are more and more concerning, especially since the popularization of the internet. Cybercrime is on the rise, and learning to protect yourself against it is more important than ever. Unfortunately, the number of high-cost frauds increased by 60% in 2023. In this article, you’ll find practical advice to avoid falling for online scams, […]
Cryptocurrencies are becoming a big part of our financial world. The HMRC has laid out rules for UK people who love crypto. They focus on Capital Gains Tax (CGT) and Income Tax for these digital assets. Cryptoassets, like Bitcoin and utility tokens, are not seen as money by the HMRC. If you own or trade […]
Understanding UK crypto taxes is key for those in the crypto world. The HMRC says you must report any gains or income from digital assets. This guide dives into the details, explaining how UK crypto tax works for different activities. The HMRC sees cryptocurrency as a digital asset, not money. So, activities like selling crypto […]
Cryptocurrency investors in the UK, both new and experienced, should know about tax rules. The HMRC sees cryptocurrency like shares, not as traditional money. This means that any crypto dealing, from buying to trading, is taxable. Crypto’s world keeps changing, for instance, through gaming or hybrid tokens, making taxes more complex. Importantly, if you’re not […]