Tax Free Simply buying an NFT does not incur immediate tax liability. You might need to pay VAT on the purchase price. This can be included in the price or added if buying from an international seller. Selling NFTs Capital Gains Tax ...
Basic rate£1,000 Higher rate£500 Additional or top rate£0 *For England, Wales and Northern Ireland. Scotland has different income tax bands. Scottish basic-rate taxpayers receive the £1,000 allowance up to the higher-rate threshold of £43,662. ...