Tax Implications of Cryptocurrencies

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 explore 5 key questions that will help businesses and entrepreneurs navigate the different tax rules and technicalities surrounding cryptocurrency investments:

  1. What is cryptocurrency?
  2. What is HMRC’s view on cryptocurrency?
  3. What are the tax implications of trading cryptocurrencies?
  4. What are the tax implications of mining cryptocurrencies?
  5. How will tools such as Staking, Forking, Airdrops (and other niche areas) affect my investment into cryptocurrencies?

Who should attend?

This webinar is suitable for all businesses and entrepreneurs who are looking to expand their understanding of cryptocurrencies and the associated tax implications, to get the best from their investments.

Speakers

  • Muhammad Desai – Tax Consultant

Finance Director Update webinar – September 2022

Our Finance Director update courses take place every 6 months and are designed to keep your technical knowledge up to date to help you comply with the ever-changing regulatory environment in the worlds of Financial Reporting and Tax.

The course is intended not only to alert you to regulatory changes, but to highlight points which can be used in practice. It is particularly aimed at those involved with businesses using IFRS and slightly larger entities using UK GAAP, but will be relevant to all FDs and CFOs.

The session will give you 3 hours of verifiable CPD and help you navigate the many complex issues you and your teams will encounter. 

REGISTER HERE

Business Sale or Exit

Our Private Client & Entrepreneurial Business webinars take place on the 1st Thursday of every month and focus on a headline topic and concludes with an open tax clinic, where our specialists will be on hand to answer any questions.

Our focus for autumn and winter was on tax efficient business structures, looking at how established and growing businesses can expand, diversify, re-organise and plan for future sale while protecting shareholders and business owners. For this session we will be exploring in detail the various options of transferring ownership of a business.

Topics covered:

  • Options for succession
  • Acquiring or selling a subsidiary
  • Transferring assets

Click here to download a copy of the slides from this webinar.

Related Webinar:

Group Structures – key steps in creating separate divisions or subsidiary companies, as part of an effective sales or exit strategy.

Watch here

International Expansion

Our Private Client & Entrepreneurial Business webinars take place on the 1st Thursday of every month and focus on a headline topic and concludes with an open tax clinic, where our specialists will be on hand to answer any questions.

Our focus for the autumn and winter was on tax efficient business structures, looking at how established and growing businesses can expand, diversify, re-organise and plan for future sale while protecting shareholders and business owners. For this session we will be detailing the key strategies for international expansion covering the main tax opportunities and issues of operating a cross border structure.

Topics covered were:

  • Tax efficient cross border structures
  • Planning points
  • VAT issues
  • Loss relief