This has become one of the most asked questions in recent times as more and more individuals and institutions trade in them and add them to their portfolios.

A valuable resource in this regard is now available. In March 2021 the UK’s HM Revenue & Customs published its Cryptoassets Manual. Providing guidance for both individuals and businesses it serves as a core reference to consider the UK tax implications for your own current or prospective activity.

The link to the relevant page is:
https://www.gov.uk/hmrc-internal-manuals/cryptoassets-manual