Who actually reports earnings in crypto ( uk resident here ) : CryptoCurrency
I do know it is a gray space, and I even know individuals myself who’ve invested heaps and never ever informed HMRC on the finish of tax yr what they made in earnings, I assume simply in hope they don’t pull them up in it…… however ought to everybody be doing this, I’ve used a calculator and I don’t actually suppose I’ve hit over the brink to formally report it. But with the bull market simply across the nook I really feel there will probably be 1000’s of those who don’t even know the regulation on this and doubtless won’t ever have a single inkling about it
Do any of you guys actually maintain observe of all spendings vs earnings and transfers from crypto to crypto ???