A Technical Guide to Cryptocurrency Tax for UK Individuals

An Introduction to Cryptoassets & Recap

Introduction

Cryptoassets (also known as Cryptocurrencies) are a new asset class that has been developed over the last decade. They have changed dramatically throughout this time, and so has the government regulation surrounding them.

Recap, alongside UK Chartered Tax Advisor and Chartered Accountant Louise Lane of Wright Vigar, have produced this comprehensive UK Tax Guide to collate all of the relevant information regarding cryptoasset taxation for UK individuals in one place.

This is an in depth guide designed for those looking for detailed information. Please use the links on the left to find relevant information. For a lighter read take a look at our UK Crypto Tax Guide.

HMRC terminology

Throughout this guide, we will use HMRC’s terminology, e.g. cryptoassets instead of cryptocurrencies. All of the sources used in this guide are either published by HMRC or the professional opinion of Louise Lane, our partnering Chartered Tax Advisor and Chartered Accountant.

Disclaimer:

This guide is intended as a generic informative piece. This is not accounting or tax advice that can be relied upon for any UK individual’s specific circumstances. Please speak to a qualified tax advisor about your specific circumstances before acting upon any of the information in this guide.