If you are a cryptocurrency holder and your proceeds from crypto transactions in the 2022/23 tax year exceeded £49,200, you may still be required to file a UK personal tax return even if you made no overall gains from these proceeds. Our team has seen increased activity from HMRC (HM Revenue & Customs) in the digital asset industry to ensure cryptocurrency holders fulfill their statutory filing and tax requirements. If you require any assistance filing your personal tax return, please contact our cryptocurrency tax expert, Arvinder Matharu.
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