UK to fine cryptocurrency users for unpaid taxes
The British government on Wednesday urged cryptocurrency users to voluntarily disclose any unpaid capital gains or income tax to avoid penalties, and released guidelines on how to pay these taxes. Tax disclosures should reflect capital gains or income from transaction tokens such as Bitcoin (BTC), non-fungible tokens (NFTs), and utility tokens.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitget Live Trading Competition: Share 20,000+ USDT Prize Pool
LINEAUSDT now launched for futures trading and trading bots
Announcement on Bitget listing MRVLUSDT,RIOTUSDT,GMEUSDT STOCK Index perpetual futures
Bitget to convert LINEAUSDT perpetual futures from pre-market trading to USDT-M perpetual futures
Trending news
MoreCrypto prices
More
