Post
Topic
Board Economics
Re: CRYPTO-CURRENCY TAX IN THE UNITED KINGDOM
by
avikz
on 26/09/2019, 04:11:48 UTC
This Question is for all members who understand Crypto-currency Tax in the United Kingdom:

What TAX do you pay when you withdraw your crypto-currency earnings in Pound Sterling (£), using your UK bank account?
- Is is Capital Gains Tax OR Income tax?


I would request you to please read the below link to know everything about UK crypto taxation,

https://www.gov.uk/government/publications/tax-on-cryptoassets/cryptoassets-for-individuals

It seems like capital gains as well as income tax - both applies based on the situation! If your crypto volume is significant, better get a professional help!