UK Taxman Gears up for Assault on Crypto-holding Tax Evaders, Say Accountants

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UK Taxman Gears up for Assault on Crypto-holding Tax Evaders, Say Accountants

A British chartered accountancy company says that UK tax authorities will quiz suspected tax evaders on their crypto holdings – to determine if individuals are seeking to avoid paying tax by making crypto purchases.
In a press release shared with Cryptonews.com, the accountancy, UHY Hacker Young, said it had evidence Her Majesty’s Revenue and Customs (HMRC) was preparing  Read more »
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One Response

  1. Definitely have to be prepared to declare your profits and comply with all crypto legislation!

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