UK Tax Agency HMRC: Details New Tax Guidelines For Crypto Investors-7.27

For clarities’ sake, the United Kingdom tax agency released a detailed tax framework that explains how it handles cryptocurrencies alongside how investors will be taxed on their portfolios, as reported by CoinDesk.

Her Majesty’s Revenue and Customs (HMRC) is the government group who manages taxes alongside other financial related policies. It released a report on Wednesday that states how crypto investors will be taxed, but it fails to explain how businesses holding crypto will face charges. This information will come at a later time.

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