I want to know if it's possible to gift cryptocurrency to my wife in the UK. I'm aware of crypto regulations and want to ensure it's legal and feasible to do so.
7 answers
BonsaiLife
Fri Dec 27 2024
There are no restrictions on the amount of crypto you can gift under this tax-free provision.
Giulia
Fri Dec 27 2024
This adjusted figure will then be subject to Capital Gains Tax (CGT).
henry_rose_scientist
Fri Dec 27 2024
In the United Kingdom, there is a tax-free option for gifting cryptocurrencies.
Sofia
Fri Dec 27 2024
You can gift crypto to your spouse or civil partner without incurring any tax.
Alessandra
Fri Dec 27 2024
This tax-free allowance applies specifically to gifts made between spouses or civil partners.