The UK’s tax authority has updated its tax policy for crypto assets. Expect huge administrative headaches as all crypto transactions need to be converted into £ and recorded. The authority reiterates that Bitcoin is not money. Her Majesty’s Revenue and Customs (HRMC) on Friday updated its tax policy related to cryptocurrency in the UK. Here’s […]
The post What You Need to Know About the Queen’s Crypto Tax Update appeared first on CCN.com
source https://www.ccn.com/uk-cryptocurrency-tax-update-you-need-to-know/
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