FINANCE - CRYPTOCURRENCIES - 22.04.2021

HMRC - new cryptocurrencies guidance

New HMRC manual. Over the last few years HMRC has issued several statements about the tax treatment of various types of transaction involving cryptocurrencies. Because such transactions have become more commonplace and cryptocurrencies more established, HMRC has published a new internal manual which brings together and enhances its previous guidance (see The next step ).

For a link to HMRC’s cryptographies manual, visit https://www.tips-and-advice.co.uk , Download Zone, year 21, issue 14.

HMRC has rationalised its previous guidance on cryptocurrencies into a new internal manual. It brings together and enhances all previous statements on the subject.

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