The UK will add cryptocurrency asset declarations to tax forms starting next year

2023-03-15 22:33:17
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ChainCatcher news, a document from the UK Treasury indicates that the UK government is modifying self-assessment tax returns to require a separate identification of gains related to crypto assets, adding a crypto asset declaration option to tax returns starting next year. This move is expected to raise an additional £10 million ($12 million) for the public purse each year, "which will be introduced for the first time in the tax year ending April 2025." (source link)

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