How Crypto Is Taxed in the UK 2025-26 | Complete HMRC Guide by MTA
Wondering how your cryptocurrency profits will be taxed in the UK for the 2025-26 tax year? This in-depth video from MTA (My Tax Accountant) explains the latest HMRC rules and gives you a clear roadmap for staying compliant while minimising your tax bill. Whether you are a casual crypto investor, a day-trader, a DeFi enthusiast, or running a business that accepts digital assets, understanding the UK’s crypto tax framework is essential. In this detailed guide, you will learn: • Capital Gains Tax (CGT) – how HMRC calculates gains when you sell, swap, or spend crypto, plus the new 2025-26 CGT allowances and rates. • Income Tax – when staking rewards, mining income, airdrops, or play-to-earn tokens are treated as income rather than capital. • Record-Keeping Requirements – what transaction data you must keep and how long to retain it to satisfy HMRC. • DeFi & NFT Taxation – how lending, liquidity pools, and NFT sales are taxed under current HMRC guidance. • Loss Offsetting & Reliefs – strategies to reduce your liability, including reporting losses to carry forward. • International Considerations – what happens if you trade on overseas exchanges or move abroad. Our team highlights key HMRC updates for the 2025-26 tax year, including the latest thresholds, allowances, and reporting deadlines. We also share common mistakes that trigger audits, from missing wallet records to incorrectly classifying DeFi rewards. Why this matters now: HMRC has tightened reporting requirements and collaborates with major exchanges, so it is more important than ever to declare your crypto income and gains accurately. Failing to do so can lead to penalties, interest charges, and in severe cases, prosecution. 💼 About MTA (My Tax Accountant) MTA is a UK-based accounting firm with over 16 years of experience in personal and business taxation. We specialise in crypto tax compliance and can help you: • Calculate and report capital gains and income accurately. • File self-assessment tax returns with detailed crypto schedules. • Implement tax-efficient strategies to protect your profits. 📞 Contact MTA (My Tax Accountant) for Personalised Advice For expert, one-to-one guidance on your specific crypto portfolio, reach out today: • WhatsApp/Phone: 07854 255375 • Email: [email protected] We can review your trading history, generate HMRC-ready reports, and advise on the most efficient way to manage your digital assets within the UK tax system. 💡 Why Choose MTA • Extensive experience in UK cryptocurrency taxation and compliance. • Up-to-date knowledge of HMRC’s evolving crypto guidance. • Transparent pricing with no hidden charges. • Trusted by thousands of UK investors, traders, and businesses. Stay ahead of the tax authorities—let MTA keep your crypto journey compliant and stress-free. ⚠️ Disclaimer This video is for general information only and does not constitute financial or legal advice. Tax rules may change and individual circumstances vary. Always consult a qualified accountant or financial adviser before making decisions. MTA (My Tax Accountant) accepts no liability for actions taken based on this content. Hashtags #CryptoTaxUK #HMRC #UKCrypto #Crypto2025 #CapitalGainsTax #IncomeTax #DeFiTax #NFTTax #CryptoInvesting #MyTaxAccountant
