Working out your cryptocurrency tax can be confusing as there’s a lot to consider. To help you along the way, we’ve compiled answers to the Community’s top cryptocurrency questions. In this article we use some shortened words:
- crypto = cryptocurrency
- CGT = capital gains tax.
Note: this article contains general information only. If you’re seeking advice for your specific situation, you can reach out to us forformal advice.
Investor or trader
The first step is to determine whether you are a crypto investor or are carrying on a crypto trading business. It’s important to get this step right as it determines whether your activities are taxed under CGT rules or income tax rules. If you’re still unsure, read through ourwebsitefor more information.
How crypto is taxed
Reporting your crypto
