Employment income

If your employer pays you in cryptoassets, the sterling equivalent at the date of receipt is taxable employment income, subject to income tax and national insurance (NI) contributions.
The way the tax and NI is collected depends on whether or not the cryptoasset tokens are readily convertible assets (RCAs) and where the employer is based.
See our detailed guidance based on the location of employer.
See our further guidance on National Minimum Wage (NMW) when paid in crypto

Employment Income in Recap​