UK Gov Wants Crypto Users to Disclose and Pay Taxes to Avoid Penalties

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UK Gov Wants Crypto Users to Disclose and Pay Taxes to Avoid Penalties

Users who have already made crypto tax disclosures to the U.K. Treasury have 30 days from the disclosure date to make all necessary payments. If the deadline is not met, the Treasury will take steps to recover the money, and users may face penalties, the post said. www.coindesk.com

Users who have already made crypto tax disclosures to the U.K. Treasury have 30 days from the disclosure date to make all necessary payments. If the deadline is not met, the Treasury will take steps to recover the money, and users may face penalties, the post said.

www.coindesk.com

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