10786 SA crytoassets Jan 2024 MyNewsDesk

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10786 SA crytoassets Jan 2024 MyNewsDesk

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  • Tax return reminder for cryptoasset users

    Tax return reminder for cryptoasset users

    With use of cryptoassets growing, HM Revenue and Customs (HMRC) is urging people to avoid potential penalties and check if they need to complete a Self Assessment tax return for the 2022 to 2023 tax year.
    Anyone with cryptoassets should declare any income or gains above the tax-free allowance on a tax return. Tax may be due when a person:
    receives cryptoassets from employment, if the

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