Chapter CRYPTO22050

Record NumberCRYPTO22050
Publication Date30 March 2021

Tokens are digital and therefore intangible, but count as a ‘chargeable asset’ for Capital Gains Tax if they’re both:

  • capable of being owned
  • have a value that can be realised

For more information about what makes an ‘asset’ for Capital Gains Tax purposes, see CG12010.

Customers looking for guidance on paying Capital Gains Tax when disposing of cryptoassets can refer to here.

HMRC expects that buying and selling of tokens by an individual...

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