Ownership of cryptoassets may be on the rise, but many myths persist when it comes to how they taxed. This episode looks at how accountants can help clients to meet their tax obligations.

We look at the tax treatment of cryptoassets and discuss what HMRC is doing to improve compliance and raise awareness, from adding a new box in the tax return to implementing the cryptoasset reporting framework.

Links

• The basics of taxing cryptoassets
  https://www.icaew.com/technical/tax/tax-faculty/taxline/articles/2024/the-basics-of-taxing-cryptoassets 
• VAT on cryptoassets
  https://www.icaew.com/technical/tax/tax-faculty/taxline/articles/2024/vat-on-cryptoassets
• Cryptoassets: international tax issues
  https://www.icaew.com/technical/tax/tax-faculty/taxline/articles/2024/cryptoassets-international-tax-issues
• What’s CARF got to do with it?
  https://www.icaew.com/technical/tax/tax-faculty/taxline/articles/2025/whats-carf-got-to-do-with-it 
• TAXguide 01/2024: Taxation of cryptoassets for individuals
  https://www.icaew.com/technical/tax/tax-faculty/taxguides/2024/taxguide-01-24   
• TAXguide 01/2024: Taxation of cryptoassets for businesses
  https://www.icaew.com/technical/tax/tax-faculty/taxguides/2024/taxguide-02-24 

Panellists

• Stephen Relf, Technical Manager, Tax, ICAEW
• Richard Jones, Senior Technical Manager, Business Taxation, ICAEW
• Dion Seymour, Crypto and Digital Asset Technical Director, Andersen 

Producer 

Ed Adams

Episode first published: 1 April 2025
Podcast recorded: 24 March 2025