C6.153 Voluntary disclosure involving cryptoassets
Cryptoassets (which might also be referred to as 'tokens' or 'cryptocurrency') are cryptographically secured digital representations of value or contractual rights1.
Cryptoassets is an evolving area for tax purposes and taxpayers may be unaware that their cryptoasset transactions have created one or more tax liabilities. For an overview of the tax treatment, see C6.105.
This article discusses how to make a voluntary disclosure of tax liabilities relating to cryptoassets.
For the definition of cryptoassets and cryptoasset transactions, see C6.103–C6.104. For a glossary of
To continue reading
View the latest version of this document, as well as thousands of others like it, sign in to Tolley+™ Research or register for a free trial
Web page updated on 17 Mar 2025 16:27