Cryptocurrency Q&A Can I gift crypto to my wife in the UK?

Can I gift crypto to my wife in the UK?

CryptoLord CryptoLord Wed Dec 25 2024 | 7 answers 1572
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. Can I gift crypto to my wife in the UK?

7 answers

BonsaiLife BonsaiLife Fri Dec 27 2024
There are no restrictions on the amount of crypto you can gift under this tax-free provision.

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Giulia Giulia Fri Dec 27 2024
This adjusted figure will then be subject to Capital Gains Tax (CGT).

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henry_rose_scientist henry_rose_scientist Fri Dec 27 2024
In the United Kingdom, there is a tax-free option for gifting cryptocurrencies.

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Sofia Sofia Fri Dec 27 2024
You can gift crypto to your spouse or civil partner without incurring any tax.

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Alessandra Alessandra Fri Dec 27 2024
This tax-free allowance applies specifically to gifts made between spouses or civil partners.

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