The Ultimate Guide for 2025
If you have bought, sold, or earned cryptocurrency in the UK, you might be wondering if you need to pay tax on it. Many people think crypto is outside the tax system, but that is not true. HMRC has clear rules on how crypto is taxed, and it treats it like property, not currency.
So, understanding crypto taxes can feel confusing at first, but there are different rules depending on what you did with your crypto. Whether you made a profit from trading or earned rewards through staking or mining, you could have a tax bill waiting. You do not want to ignore it, because failing to report crypto taxes can lead to penalties.
This UK crypto tax guide will cover whether you need to pay tax, the difference between capital gains and income tax,…
