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This is Money: tax and bitcoins advice

30 October 2017

 

BKL tax partner Geraint Jones has answered a query for This is Money on cryptocurrencies and the tax implications of selling bitcoins.

I have bitcoin worth £4 million that I bought five years ago for £5,000. Will I have to pay tax if I sell?

BKL’s tax specialists are able to advise clearly and accurately on the tax implications of cryptocurrencies and ensure that all disclosures are made precisely and promptly to HMRC. Find out more on our cryptocurrency tax advice page.