Cash stashed away in crypto Bitcoin under heightened scrutiny by HMRC

Bitcoin joins Black Market Pesos and ‘Hundi’ on taxman’s hitlist: HMRC names crypto-currencies among alternative assets that MUST be declared in wealth statements All assets, including Bitcoin, have always had to be declared to HMRC if required But, HMRC has now updated Statement of Assets form with things like crypto  HMRC suspects more ‘hidden wealth … Read more

Cash stashed away in crypto Bitcoin under heightened scrutiny by HMRC

Bitcoin joins Black Market Pesos and ‘Hundi’ on taxman’s hitlist: HMRC names crypto-currencies among alternative assets that MUST be declared in wealth statements All assets, including Bitcoin, have always had to be declared to HMRC if required But, HMRC has now updated Statement of Assets form with things like crypto  HMRC suspects more ‘hidden wealth … Read more