Quote from: sqcrypto on December 16, 2017, 11:35:21 AM

Im a web developer/designer and wondered if its worth getting paid in bitcoin? Im from the UK and not sure how it would work in terms of the end of year tax return.

I mean what would you be losing out on, really? It might be worth it if the value continues on a bull run.

As for UK tax laws, I would assume that, and don't quote me since I am not a UK tax law expert, you would note down the value of the bitcoin when you receive it, and then whatever price you sell it for, either with capital gains or capital loss due to normal volatility, would be the portion that is taxed. One part being the "normal" salary, the work you were paid for, and then capital gain/loss being whatever changes from that point for your Bitcoin. Now, as I said, I don't know. I don't think that the UK has tax laws defined for something as specific as that.

But it probably wouldn't hurt much to accept part of your salary in Bitcoin.