The UK tax authorities have sent out 65,000 reminder letters to individuals suspected of encryption tax evasion, twice the amount from last year.

Odaily News The UK tax authorities have issued approximately 65,000 “payment reminder letters” to individuals suspected of owing taxes on Crypto Assets, doubling in number from last year. Under the current UK tax system, selling, exchanging, or spending Crypto Assets generally incurs Capital Gains Tax, while stake rewards and Airdrop gains are considered taxable income. (The Block)

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)