UHY Ross Brooke Chartered Accountants

Tax implications for businesses using crypto

crypto tax advice

In a recent article in newbusiness.co.uk, our crypto specialist Josh Pearce looks at ways in which crypto currencies are currently being used in business and how it’s not quite as simple as using fiat currencies such as GBP.

In the article, Josh discusses the implications for accepting, paying, remunerating staff and investing.

Read the whole article, including the future of crypto or get in touch for crypto advice.

Do HMRC know about my cryptoassets?

HMRC have been using its information-gathering powers to retrieve lists of investors from various exchanges over the past few years. HMRC have sent ‘nudge’ letters to investors to remind them they may need to pay tax. if you have received a letter please feel free to contact one of our experts to discuss.

How we can help

We have an experienced team of crypto tax advisors familiar with the unique challenges relating to crypto trading and currency who can provide support with:

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