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Questions And Answers

Read our expert answers to your questions

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When do I start paying tax on cryptocurrency?

I bought three bitcoins in April 2019 and paid around £10,000. I decided in November 2021 to exchange my bitcoins for other crypto currency and I think they were worth around £145,000 at the time. The new crypto currencies have sent me airdrops of new tokens and some have allowed me to stake my holding to receive new tokens. I assume that since I haven’t converted any of my crypto currency to sterling, I don’t need to pay any tax yet?

First published 4 May 2022 | Last updated 27 May 2022

Pension piggy bank

Tax relief on a workplace pension scheme

First published 25 Mar 2022
Last updated 20 Sep 2022

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What is Employment Allowance?

First published 2 Mar 2014
Last updated 29 May 2024

Pay Tax

Consequences of paying tax late

First published 30 Jan 2020
Last updated 10 Feb 2022

VAT percentage

Can I use the Flat Rate VAT Scheme?

First published 25 Jan 2022

What penalties can I expect for a late tax return?

What penalties can I expect for a late tax return?

First published 26 Jan 2016
Last updated 13 Jan 2022

Christmas Party Costs

Christmas Party Costs

First published 26 Nov 2019
Last updated 16 Dec 2021

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Petrol versus electric cars – what are the tax differences?

First published 30 Nov 2021
Last updated 30 Nov 2021

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My P11D is late

First published 30 Nov 2021

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