1. Capital Gains Tax (CGT)
CGT applies when disposing of crypto:
- Selling crypto for GBP
- Trading crypto-to-crypto
- Spending crypto
All CGT events must be tracked using Specialized Crypto Compliance Services UK frameworks.
Â
2.Income Tax
Crypto income includes:
- Staking rewards
- Mining income
- Airdrops
- DeFi rewards
Proper classification requires Specialized Crypto Compliance Services UK expertise.
Â
3. Business Classification
Frequent trading may be classified as business activity.
This impacts:
- Tax type
- Expense deductions
- Reporting obligations
We ensure correct classification through Specialized Crypto Compliance Services UK systems.
Â