Chapter CRYPTO21300

Published date30 March 2021
Record NumberCRYPTO21300
CourtHM Revenue & Customs
IssuerHM Revenue & Customs

An individual who is trading may be able to reduce their Income Tax liability by offsetting any losses from their trade against future profits or other income. HMRC’s Losses: HS227 Self Assessment helpsheet has more information (including restrictions that apply).

If profits from activities are taxable as miscellaneous...

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