Tax Basics For Crypto In The UK – Record-Keeping And Common Mistakes
A lot of people think crypto tax only kicks in when you turn it back into pounds in your bank account. That’s not true, and it’s one of the most common (and costly) mistakes out there. If you buy, sell, swap, or earn crypto in the UK, HMRC has rules for it — and those rules are only getting stricter. Here’s the simple version of what you need to know.