Capital Gains Tax When you invest in liquidity pools and receive LP tokens in return, HMRC considers this a disposal, potentially resulting in Capital Gains Tax on any profit made. Cost Basis Calculation: Calculate the cost basis by summing the value of contributed tokens. Deduct this from the...
After filing your Self Assessment return, you can then view and print the SA302 tax calculation summaries. You’ll also be able to: Check your unique taxpayer reference (UTR) number Claim tax repayments Make claims to reduce payments on account Notify HMRC of changes to self-employment Read ...