UK taxpayers must file crypto profits separately from 2025

Quick Take

  • The UK government said taxpayers must start splitting out income from crypto when filing returns. 
  • The changes will be introduced from the 2024-25 tax year. 

UK taxpayers must for the first time split out profits from crypto when filing their tax returns, the government said today. 

"The government is introducing changes to the Self Assessment tax return forms requiring amounts in respect of cryptoassets to be identified separately," according to a statement released to accompany the government's budget, released Wednesday. 

The changes will be introduced from the 2024-25 tax year, which would affect returns filed from 2025. 

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