KB suggested it will be good for HMRC to adopt C&E's former VAT education format e.g visiting agents within the first eighteen months of trading genuinely to educate and monitor progress. JS discussed the way forward including working on future strategy, educational interventions for agents as ...
Professional activity: If your mining is considered a business, profits are taxed under trading income rules. This applies if you have significant equipment or energy costs and the intention to make a profit. Casual activity: If your mining or staking is casual, earnings are taxed as miscellaneou...