For questions that relate to the laws, practices, and situation of the United Kingdom.
Questions tagged [united-kingdom]
3 questions
4
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1 answer
Rolled out my own no-fiat service. What will the tax man need?
Background:
I have programmed my own service using https://bitcore.io and I have a limited company set up in the Uk! My company's original intention was to deal with Paypal transactions. (but we are now going to only use Bitcoin!)
We plan to only…
Ben Muircroft
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Do bitcoins count as income in the UK?
I am interested in mining bitcoin here in the UK. I have done a quick search and cannot find anything relevant. If I were to use a cloud mining service to mine bitcoin, would it be counted as income AND/or would it have to be taxed?
Could a link…
iProgram
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How do I account for bitcoin profit on UK tax return
I want to cash out some bitcoin with a profit (<£2000) from trading.
Do I need to declare it in my next tax statement? Is it ok to just show amount bought and amount held or do I need to declare all the transactions on the various exchanges? (I…
joe
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