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U.K. Tax Authorities Eye Crypto Assets In Up-And-Coming Budget

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Coinness reporter

Wed, 24 Feb 2021, 06:11 am UTC

According to chartered accountants HillierHopkins, Her Majesty’s Revenue and Customs (HMRC) will target crypto investors in the up-and-coming budget on March 3. Principal at the firm Thomas Gibbs predicts this will take the form of a hike in Capital Gains Tax (CGT) from 20% to 40%.

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