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U.K.’s Tax Authority Releases Taxation Guidelines for Local Cryptocurrency Holders

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U.K.’s Tax Authority Releases Taxation Guidelines for Local Cryptocurrency Holders
Bitcoin cake sliced and hmrc flag placed in slice

Her Majesty’s Revenue and Customs (HMRC), a non-ministerial department of the British government in charge of the collection of taxes, has published a paper highlighting the various types of fees applicable to blockchain-based virtual currencies and how cryptocurrency traders should handle their cryptos, according to a report released December 20, 2018, by the agency. Cryptoassets Are Properties not Money In…Read More. The post by Ogwu Osaemezu Emmanuel appeared first on BTCManager, bitcoin, Blockchain & Cryptocurrency News

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