Tax on Crypto Gains

Save Share

This query is : Resolved

Quick Summary

The discussion clarifies the taxation of crypto gains in the UK. It explains that the flat 30% tax rate on crypto profits is only applicable if your total income exceeds the basic exemption limit. If your income is below this threshold, the slab will be utilised first, and the 30% tax may not apply.

Dipen

Dipen (Querist)
Follow

08 May 2025 Dear experts,

Crypto gains are taxed @ flat 30%.

However if income is below basic exemption limit , even then it will be taxed at 30% or slab will be utilised first?

Please advice

Regards,

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
Follow

08 May 2025 You do not have to pay the 30% crypto tax; your income is not taxable. The flat 30% tax on crypto gains applies only if your total income exceeds the exemption limit.

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
Follow

28 September 2025 Good luck.....

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now