Crypto Currencies

Crypto currencies are increasingly popular, and it's important to get the details right.

It is becoming more and more common to invest in crypto currencies, and staying informed about the tax ramifications is critical. STS Europe wants to make sure that all individuals know the tax implications of these investments.

HMRC has released updated guidance on the taxation of these digital exchange tokens due to their growing popularity. This includes when and where each type of tax is liable.


The amount of tax payable on crypto currencies depends on a number of factors.

These factors include the nature, frequency, and level of organisation of trades. Factors which determine whether Income Tax or Capital Gains Tax is due.

Individuals will be required to register for self-assessment and complete a self-assessment tax return, wherever tax is due. Most people investing in crypto currencies are new to the world of investing. Additionally, they are often submitting their first self-assessment. With potential penalties for incorrect returns, it’s even more crucial that your calculation is accurate.

Want to know more?

We’re here to help you with more information on the taxation of crypto currencies.

Get in touch with our team to find out more.

HMRC are actively reviewing investments into crypto currencies at the moment, ensuring that the correct amount of tax is paid. As tax experts, STS Europe can help to educate you on the UK tax implications of investing in these assets.

HMRC state that the vast majority of individuals holding crypto assets will be liable to pay Capital Gains Tax when they dispose of them. There are some scenarios however where individuals will be liable to Income Tax and National Insurance contributions.

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"I would like to say how impressed I have been with your whole approach to my tax affairs and the particular help that you have given me with my crypto holdings. The support you have given me has been highly professional and much appreciated."
Self-Assessment Client

Our team of friendly experts are waiting to help you.

So, if you are currently looking into the tax implications of investing then please get in touch with us.

We offer a FREE initial meeting anywhere in the UK. Just let us know that you’re interested and we’ll get back to you straight away.