United Kingdom Crypto Tax Calculator

Tax Treatment in United Kingdom

HMRC treats cryptocurrency as a form of property for tax purposes. Disposing of crypto assets (including selling, exchanging for another cryptocurrency, or using crypto to pay for goods and services) may give rise to a capital gains tax liability. The same CGT rates apply as for other assets: 10% for basic rate taxpayers and 20% for higher and additional rate taxpayers. The annual exempt amount can be used against crypto gains. Mining and staking rewards may be treated as income and subject to income tax and National Insurance contributions.