Elena
Sun Jun 09 2024
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7 answers
2015
Where to put crypto in tax return?｜Add the value of these in your tax return. Make sure to do this in the financial year you received it. When you later sell the crypto you earned through staking or airdrops, the amount you reported as income will be your cost base for calculating CGT.under the heading 'Other income'
Where exactly should I include the value of my cryptocurrencies in my tax return? Should I just add it under the 'Other income' section? And is it crucial to record this value in the financial year that I received it? Also, if I decide to sell the crypto I earned through staking or airdrops in the future, how does the amount I reported as income affect the calculation of my capital gains tax? Could you please clarify these points for me?
