Categories
Personal Finance

How is cryptocurrency taxed?

Did you know the UK Government charges tax on cryptocurrencies? Just because these assets are considered “decentralized,” it doesn’t mean you can avoid the taxman. Whether you’re buying and selling crypto assets or mining Ethereum (ETH) on your gaming PC for passive income, you’re going to need to declare profits.

Categories
Dividends Investing

Paying tax on your dividends (UK)

When receiving a dividend, it’s considered a form of income. Even though you may have already paid some form of tax on the money you invest in a company, you will still have to pay tax when earning dividends. If you hold shares outside of a stocks and shares ISA, you will need to pay tax and this guide will run you through everything for the UK.