Watch our on-demand webinar on Demystifying Crypto presented by duo of crypto tax experts
Available to view immediately, the webinar is presented by Daniel Howitt, CEO and co-founder of Recap and member of HMRC’s cryptoassets roundtable working group and Louise Lane FCA CTA, head of crypto tax and associate tax director at Wright Vigar. If you missed the live webinar, this is essential viewing for anyone with crypto investments or firms with clients holding the assets.
What will I learn?
After watching the Demystifying Crypto webinar, you will:
- Understand HMRC’s classification of crypto and the tax implications for various activities, including capital gains and income from mining, staking, airdrops, DeFi, NFTs, and trading.
- Apply UK share-matching rules to crypto portfolios, including same-day, 30-day, and Section 104 pooling.
- Recognise risks associated with crypto tax reporting, such as poor record-keeping, multiple exchanges/wallets, and missing cost basis.
- Grasp the enforcement direction regarding exchange data sharing and its impact on clients' risk profiles.
- Learn how firms can leverage crypto opportunities, attract new clients, and use privacy-preserving software for efficient tax calculations.