Ever thought of investing in cryptocurrencies but not sure where to start? Maybe you are looking to take your crypto investments to the next level?
Before going any further, businesses and entrepreneurs should understand how cryptocurrencies are taxed, new tax guidance from HMRC, and key developments in the crypto tools that may impact how you invest.
Cryptocurrencies are both investment opportunities and financial tools for entrepreneurs and business owners, and they have become increasingly popular with over 300 million users worldwide, and an increasing number of global businesses accommodating it as a payment method.
However, the decision to buy or trade in crypto is not one to take lightly. It’s key to do your research, just as you would with any other investment.
In this webinar, we explored the 5 key questions that will help businesses and entrepreneurs navigate the different tax rules and technicalities surrounding cryptocurrency investments:
- What is cryptocurrency?
- What is HMRC’s view on cryptocurrency?
- What are the tax implications of trading cryptocurrencies?
- What are the tax implications of mining cryptocurrencies?
- How will tools such as Staking, Forking, Airdrops (and other niche areas) affect my investment into cryptocurrencies?
Speakers
Patrick King – Tax Partner, MHA
Muhammad Desai – Tax Consultant, MHA
Tony Dhanjal – Head of Tax at Koinly
Tony is a recognised blockchain and crypto tax subject matter expert and considered a thought leader in this space. He is a regular contributor to Crypto media such as CoinTelegraph and alike.
He is a qualified accountant with over 22 years of experience spanning across industry within FTSE100 companies, and public practice.
