Interested in learning more about UK crypto taxation and how HMRC views Bitcoin and other cryptocurrencies? Don’t be perplexed any longer. HMRC was one of the first tax administrations in the world to issue explicit instructions on cryptocurrency taxation in the United Kingdom. In the United Kingdom, cryptocurrency is subject to either Income Tax or Capital Gains Tax, depending on the amount invested. In our complete UK crypto tax guide for 2022, we’ve got everything you need to know about crypto tax in the UK, including crypto capital gains tax, crypto income tax, how UK crypto exchanges function with HMRC, how to avoid paying tax on cryptocurrency in the UK, and more.

Before we begin, it’s important to note that the UK’s crypto tax rules are constantly changing. We keep a close eye on HMRC’s Cryptoassets Manual at AWOC and update our guide on a regular basis to keep you informed and tax compliant.