UHY Ross Brooke Chartered Accountants

Day: March 14, 2023

crypto tax advice

Crypto complexity – where are cryptoassets located?

Crypto currency is a topic which is rarely far from the news headlines these days and not always for the right reasons. By Tom Annat, Tax Manager The early hype suggesting we would all be buying our morning coffee with Bitcoin has yet to come to fruition. Whilst for many,

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coinbase contacts crypto investors about HMRC

Coinbase shares crypto investors data with HMRC

Coinbase has contacted investors who have cashed out more than £5,000 in fiat in the 2021 tax year to let them know that they have passed their details to HMRC. HMRC will be requesting similar information from other exchanges as it seeks to increase tax compliance in the crypto space.

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