crypto and/or tax mistakes to avoid
Thinking of not filing crypto taxes in the UK? Here’s what happens if you don’t report to HMRC in 2025. Every year, some traders gamble on not reporting their crypto gains. In 2025, that gamble is riskier than ever. Here’s exactly what happens if you don’t report to HMRC. Penalties & Fines Interest on Unpaid […]
Crypto Traders: What Happens If You Don’t Report Taxes in the UK? (2025) Read More »
HMRC crypto fines are rising in 2025. Here are the most common mistakes that get UK traders penalised. Intro Every tax season, HMRC fines thousands of traders for the same simple crypto mistakes. Mistake 1: Ignoring Staking Rewards HMRC treats staking as income tax, not capital gains. Mistake 2: Double-Counting Wallet Transfers Moving ETH between wallets
The Crypto Tax Mistakes HMRC Sees Every Day (and Fines For) Read More »
Worried about a crypto tax audit? Here are 5 red flags that trigger HMRC, IRS, CRA, and ATO audits in 2025. Intro Tax offices are watching crypto more closely than ever. If you hit one of these red flags, you could be on the audit list. Red Flag 1: Data Mismatch Exchanges report your trades directly.
5 Red Flags That Trigger a Crypto Tax Audit in 2025 Read More »
Think crypto is tax-free? Here are 10 crypto tax myths in the UK, US, and beyond that could cost you thousands if you believe them. Intro Crypto tax is surrounded by confusion, and it’s easy to believe myths you see on Twitter, Reddit, or Discord. But getting it wrong can cost you thousands — or
10 Crypto Tax Myths That Could Get You in Trouble in 2025 Read More »
HMRC is cracking down on crypto. Here are 5 red flags that trigger crypto tax audits in 2025. Intro Worried about getting audited by HMRC? You should be — they’re actively monitoring crypto transactions in 2025. Here are the top 5 triggers that put UK traders on HMRC’s audit list. Trigger 1: Exchange Data Doesn’t Match Your
The 5 Triggers That Put You on HMRC’s Crypto Audit List in 2025 Read More »
Many traders overpay crypto tax without realising. Here are 7 common mistakes and how to fix them in 2025. Intro Most crypto tax mistakes don’t just risk penalties — they make you overpay. Here are the 7 ways traders lose money every year. Mistake 1: Forgetting to Claim Losses If you lost money, you can reduce your
7 Ways Crypto Traders Accidentally Overpay Tax (and How to Stop) Read More »
Lost money in crypto? Here’s how to claim crypto losses, offset future gains, and reduce your tax bill in 2025 across the UK, US, Canada, and more. Crypto Losses Explained – How to Claim and Carry Forward Losses in 2025 Meta description: Lost money in crypto? Here’s how to claim crypto losses, offset future gains,
Avoid these 7 crypto tax mistakes in 2025. From NFTs to staking, here’s how traders lose money — and how you can stay compliant with HMRC, IRS, and CRA. Intro Most crypto traders overpay tax (or worse, underreport and risk penalties). Here are the 7 biggest mistakes I see every day — and how to
The 7 Biggest Crypto Tax Mistakes That Could Cost You Thousands In 2025 Read More »
Got a scary crypto tax letter from HMRC, IRS, CRA, or ATO? Don’t panic. Here’s the step-by-step guide to responding, avoiding penalties, and protecting yourself. Intro The worst fear for a crypto trader? A letter from the tax office about undeclared crypto. But don’t panic — here’s exactly what to do next, whether you’re in
Got a Crypto Tax Letter From HMRC/IRS/CRA? Here’s EXACTLY What To Do Step-by-Step Read More »
Thinking of moving abroad to avoid crypto tax? Here’s why it’s not always that simple. Intro Thousands of crypto traders move abroad each year for “tax-free crypto.” But does it really work? Common Traps UK expats → still tied by Statutory Residence Test. US expats → IRS taxes citizens worldwide (even in Dubai). Canada expats
Expat Crypto Tax Traps – Moving Abroad Doesn’t Mean Tax-Free Read More »