> For the complete documentation index, see [llms.txt](https://docs.recap.io/uk-tax-guide-for-individuals/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.recap.io/uk-tax-guide-for-individuals/transaction-types/employment-income.md).

# Employment income

![](/files/w40c22HqdUTtS6VTzP4M)

{% hint style="info" %}
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. 
{% endhint %}

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.

{% content-ref url="/pages/JfAJehYY8G9EApTD7Cak" %}
[UK Employer](/uk-tax-guide-for-individuals/transaction-types/employment-income/uk-employer.md)
{% endcontent-ref %}

{% content-ref url="/pages/8BD4D0J2Ye4UDYJ6o9Uh" %}
[Overseas employer](/uk-tax-guide-for-individuals/transaction-types/employment-income/overseas-employer.md)
{% endcontent-ref %}

See our further guidance on National Minimum Wage (NMW) when paid in crypto

{% content-ref url="/pages/jv3a7dwu3nUuRcUy1Lmh" %}
[National Minimum Wage (NMW)](/uk-tax-guide-for-individuals/transaction-types/employment-income/national-minimum-wage-nmw.md)
{% endcontent-ref %}

## Employment Income in [Recap](https://recap.io/)

![](/files/aQbKnoxVKnWnrmK3DQYz)