What does HMRC (UK Tax Authority), think of Crypto Currency?
At the moment, their position is very neutral. As you can see from their most recent published guidance in 2014. (Yes, that is the most recent published guidance!)
In summary, HMRC expect traders and businesses to follow existing rules and will look at each case on its own merits
There is good news for miners as their income from mining will be outside the scope of VAT. However, for traders, there are potential capital gains taxes which need to be considered.
hi, delighted to find other accounting practices here on steemit. I am an accountant my self, from ireland. I'm also an accounting CPD provider.
irish tax on crypto is rather the same as yours.
I am running an experiment here on steemit with the aim of improving retention and the steemit experience and after looking at your account I think it is something you might enjoy. come on over and join in on the discussion
https://steemit.com/steemit/@paulag/let-s-grow-steemit-together-direct-engagement-experiment-week-1
You're very forward thinking. We haven't come across any other UK accountants yet. But when the next rally comes, there will be a tonne of tax questions.
We've been getting ready for it
great stuff. I will follow you. Steemit is a great place for Accountants to get information and understand the crypto world. Blockchain audit will also be a big thing when the revenue do decide to do a crack down. Have you done much of that?
We haven't done any Crypto audits, but we are not an audit firm.
The tax side we have come across and is a fast growing market in London
well I know there are many here interested in how the tax pans out so i believe your posts on this topic will be received well. Dont be afraid to ping me and I can resteem
Your Post Has Been Featured on @Resteemable!
Feature any Steemit post using resteemit.com!
How It Works:
1. Take Any Steemit URL
2. Erase
https://3. Type
reGet Featured Instantly & Featured Posts are voted every 2.4hrs
Join the Curation Team Here | Vote Resteemable for Witness
Congratulations @kbr! You have completed the following achievement on Steemit and have been rewarded with new badge(s) :
Click on the badge to view your Board of Honor.
If you no longer want to receive notifications, reply to this comment with the word
STOPDo not miss the last post from @steemitboard:
SteemFest³ - SteemitBoard support the Travel Reimbursement Fund.
Congratulations @kbr! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :
Click on the badge to view your Board of Honor.
If you no longer want to receive notifications, reply to this comment with the word
STOPDo not miss the last post from @steemitboard:
Congratulations @kbr! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :
Click on the badge to view your Board of Honor.
If you no longer want to receive notifications, reply to this comment with the word
STOPDo not miss the last post from @steemitboard:
Congratulations @kbr! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :
Click here to view your Board of Honor
If you no longer want to receive notifications, reply to this comment with the word
STOPDo not miss the last post from @steemitboard:
Congratulations @kbr! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :
Click here to view your Board of Honor
If you no longer want to receive notifications, reply to this comment with the word
STOPDo not miss the last post from @steemitboard:
Congratulations @kbr! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :
Click here to view your Board of Honor
If you no longer want to receive notifications, reply to this comment with the word
STOPDo not miss the last post from @steemitboard:
Congratulations @kbr! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :
Click here to view your Board of Honor
If you no longer want to receive notifications, reply to this comment with the word
STOPDo not miss the last post from @steemitboard:
Congratulations @kbr! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :
Click here to view your Board of Honor
If you no longer want to receive notifications, reply to this comment with the word
STOPDo not miss the last post from @steemitboard:
Congratulations @kbr! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :
Click here to view your Board of Honor
If you no longer want to receive notifications, reply to this comment with the word
STOPCongratulations @kbr! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :
Click here to view your Board of Honor
If you no longer want to receive notifications, reply to this comment with the word
STOPCongratulations @kbr! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :
Click here to view your Board
If you no longer want to receive notifications, reply to this comment with the word
STOPDo not miss the last post from @steemitboard:
Congratulations @kbr! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :
Click here to view your Board
If you no longer want to receive notifications, reply to this comment with the word
STOPDo not miss the last post from @steemitboard:
Congratulations @kbr! You received a personal award!
Click here to view your Board
Do not miss the last post from @steemitboard:
Vote for @Steemitboard as a witness and get one more award and increased upvotes!
Congratulations @kbr! You received a personal award!
You can view your badges on your Steem Board and compare to others on the Steem Ranking
Do not miss the last post from @steemitboard:
Vote for @Steemitboard as a witness to get one more award and increased upvotes!
Congratulations @kbr! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s) :
You can view your badges on your board And compare to others on the Ranking
If you no longer want to receive notifications, reply to this comment with the word
STOPDo not miss the last post from @hivebuzz:
Support the HiveBuzz project. Vote for our proposal!