Crypto

Yesterday HMRC issued a consultation on the taxation of DeFi activity in cryptoassets (such as staking and lending). This applies equally to similar activity done through an intermediary (ie CeFi [...]

Yesterday’s Spring Budget revealed updated capital gains tax reporting implications coming soon for crypto investors. Chancellor Jeremy Hunt stated that beginning in 2024/25, crypto [...]

A recent study has highlighted that many individual crypto asset holders are not aware of the taxation on them. Could this study apply to you? HMRC guidance advises that capital gains tax is due [...]

Have you sought to generate a yield from your cryptoassets, or perhaps considered doing so?  If so, read on.   In February this year, HMRC released new guidance on DeFi that has been viewed by [...]

Our Head of Crypto, Louise Lane CTA FCA, unpacks this for you… In February this year, HMRC released new guidance on Decentralised Finance: Lending and Staking, which despite the terminology [...]

This month HMRC is writing letters to holders of cryptoassets (sometimes known as cryptocurrency), encouraging them to evaluate their capital gains tax position and make a declaration to HMRC for [...]

What are cryptoassets? Cryptoassets (also referred to as Cryptocurrencies) are a new asset class that has been developed over the last decade. They have changed dramatically throughout this time, [...]

What are cryptoassets? Cryptoassets (also referred to as Cryptocurrencies) are a new asset class that has been developed over the last decade. They have changed dramatically throughout this time, [...]