Cryptoassets are here to stay. Be informed, be educated and be smart in all things UK tax on crypto. Not investment advice discord.gg/gvmjgnZEZm
Joined August 2021
- Tweets 146
- Following 400
- Followers 409
- Likes 51
22 Photos and videos
5 Apr 2022
Govt issue initial plan, speaking out to say they want to make the UK a global crypto asset tech hub…gov.uk/government/news/gover…
1
1
3
21 Mar 2022
1) Seen few posts for US citizens where gains for 2021 ploughed back in and but now losses 2022. With just over 2 weeks until 5 April if you're looking to utilise CG exemption of £12,300 or planning on realising losses to set off against 2021/22 gains then the window is short.
1
1
1
21 Mar 2022
4)There is a negligible value claim to claim losses where assets can't be sold and have little to no value. This is a case by case not blanket position and HMRC can obviously challenge. #HMRC #cryptotax
1
1
21 Mar 2022
5) Planning for taxes is so important and from a compliance point is complex when dealing in Cryptoassets and more so in a volatile space but using good software/personal tracking/accountants etc is critical to ensure you don't land a large tax bill that you can't pay. #
1
1
2
2 Feb 2022
HMRC have updated their guidance in relation to Defi lending and staking:
gov.uk/hmrc-internal-manuals…
5
5
14
20 Jan 2022
Great to see ongoing sensible conversations going on with the regulations around cryptoassets.
18 Jan 2022
Following today's Consultation Response from HMT on cryptoasset promotions (ow.ly/Qukc50HwTaA), we've been in conversation with Lisa Cameron MP, the Chair of the Crypto and Digital Assets APPG. We are keen to ensure ongoing dialogue with regulators and industry on changes.
1
2
8 Jan 2022
Fantastic work @CryptoUKAssoc
7 Jan 2022
We're proud to formally announce the launch of the Crypto and Digital Assets APPG.
CryptoUK has been working for several months to get the support of MP's and Lords, chaired by Lisa Cameron MP, to form this group. Read the full news story here: ow.ly/mK9i50HpJ5t
6 Jan 2022
HMRC update announced today. Another month to file granted without penalty (have to file by 28 Feb) and no late payment penalties if paid by 1 April(but doesn't apply to interest which will still run from 1 Feb if not paid by 31 Jan)
5 Jan 2022
Welcome to January when around 50% of tax returns are due to be filed according to some stats! Tax returns for the year 6 April 2020 - 5 April 2021 are to be submitted by 31 Jan 2022, together with any tax payment due. Late filing/late payment can result in interest & penalties.
2
5 Jan 2022
Welcome to January when around 50% of tax returns are due to be filed according to some stats! Tax returns for the year 6 April 2020 - 5 April 2021 are to be submitted by 31 Jan 2022, together with any tax payment due. Late filing/late payment can result in interest & penalties.
1
3
The Crypto Tax People retweeted
5 Jan 2022
Want to learn more about complex crypto tax situations?
Great.
Myself & CEO of @CryptoTaxHQ will be hosting a webinar this Friday, January 7th 2022 - 11:00 AM (GMT).
Check out the thread for more information 👇
2
5
20
The Crypto Tax People retweeted
2 Jan 2022
With 2.5 million people in the UK owning crypto assets, chances are you have clients in this position. Find out how HMRC treats #crypto assets and when transactions are subject to income tax. Webinar 06/01 with experts @TCTPUK - register buff.ly/3e2VP1W #tax #accounting
2
6
30 Dec 2021
Another shocking case of someone being caught out. Be careful out there with clicking links instead of typing in the address as this was done with NFT trader fake link. The insurance market is moving forward but imagine there is little that can be done. #NFTs
1
3
The Crypto Tax People retweeted
29 Dec 2021
Do you have clients with crypto assets? Unsure how to account for them on a tax return? Join the webinar with @TCTPUK on 6th January for expert guidance on how crypto assets are treated by HMRC and where there are gaps avn.pages.ontraport.net/webi… #crypto #tax #accounting #accountants
1
1
The Crypto Tax People retweeted
23 Dec 2021
Recap, the tax software have developed an in depth guide to taxing crypto assets. The lay out is also in a super easy format to navigate.
#cryptotaxes #recap_io
The UK tax deadline is fast approaching. Check out our detailed guide, built in collaboration with UK tax specialists for everything you need to know about crypto tax - buff.ly/3J7LeBU
#ukcryptotax #cryptotax #bitcointax #cryptotwitter
1
1
2
The Crypto Tax People retweeted
17 Dec 2021
Easy way to recap your ETH NFT trades this year, and keep a record.
How did you do? remember you need to save the taxman's his 💰💰💰💰💰😢😭
13 Dec 2021
Try out our Eth NFT Tool for FREE.
thecryptotaxpeople.co.uk/sub…
We don't record the searches of the wallets that you search, this is all done from you browser using publicly visible data on the Ethereum blockchain.
#cryptotax #ethereum #eth #NFT
3
4
23 Dec 2021
If you are catching up on your tax admin over Christmas,then as well as tracking income, gains and losses make sure that you are tracking gas fees and watch for those that not obvious such as gas 'paid' on failed transactions.
#cryptotax #ETH
3
The Crypto Tax People retweeted
23 Dec 2021
Get this in your diary before Christmas - how to tax crypto assets. Webinar with specialist advisers @TCTPUK - learn how HMRC treats #NFTs, gas fees, mining and other crypto assets - 6th January - register here buff.ly/3e2VP1W #accounting #accountants #tax
1
21 Dec 2021
AMA - Crypto Tax
Now Live in our discord
Drop by with any and all tax questions and debate.
discord.gg/kCRtNTxF