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Do I have to pay tax on cryptoassets?

Individuals who hold cryptoassets are liable to pay Capital Gains Tax when they dispose of their cryptoassets.

If you are doing a large trade volume (crypto to crypto and/or crypto to fiat), you may also have to pay tax if you reach a certain threshold. 

Please visit the UK government website for more information: https://www.gov.uk/government/publications/tax-on-cryptoassets 

Important: Coinfloor does not provide tax advice and this material should not be considered as such. For further information regarding your specific situation, please consult with a tax professional.

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