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HMRC
Are Crypto Investors Savvy or Suckers? The UK’s Tax and Financial Regulators Don’t Agree
The two agencies' differing opinions are impeding the development of comprehensive guidelines that would protect investors and ensure crypto's development.
UK Tax Regulator Updates Guidance on Staking and DeFi Lending
How proceeds from lending or staking are taxed depends on the nature of the returns, which could be hard to determine, UK's tax agency says.
UK Tax Authority Updates Treatment of Crypto Assets to Incorporate Staking
This marks the first time that HMRC has released guidance specifically describing how staking is treated for taxation purposes. It has been assumed previously that staking comes under the umbrella of mining, thus the same guidance has applied.
Coinbase Reportedly Warns Some UK Users It's Handing Their Details to the Taxman
U.K. users of the exchange who have received £5,000 or more in the past tax year will have their information passed to the tax authority.
UK Tax Authority Issues Crypto Guidance for Businesses
After clarifying how individual taxpayers should deal with cryptos last year, the U.K.'s HMRC has now issued guidance for enterprises.
British Authorities Seek Data from Crypto Exchanges in Search of Tax Evaders
The U.K. tax authority is pressuring crypto exchanges to reveal customers' names and transaction histories in a bid to claw back unpaid taxes, sources said.
UK Tax Agency Publishes Detailed Guidance for Crypto Holders
U.K. tax body HMRC has provided an in-depth explanation of how cryptocurrency users should pay taxes on their holdings.
What the UK's Tax Reversal Means for Bitcoin
Indeed, getting the bitcoin community to agree what regulation is welcome will likely be a challenge all in itself.
UK Eliminates Tax on Bitcoin Trading, Publishes Official Guidance
New reports suggest HMRC will formally remove VAT on bitcoin trading in the UK this week.
UK's Official Financial Compensation Fund 'Doesn't Cover Digital Currencies'
The UK's Financial Services Compensation Scheme has warned it won't compensate lost digital currencies such as bitcoin and litecoin.
