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My name is Lyanne and I’m the managing director of Wilds. Happy new year to you all! Are you going to make 2020 one of the best years? What new year’s resolutions have you made? We’d love to hear what they are and to put a plan in place to help you to achieve them. Come in for a coffee and a chat and get the year off to a good start. Contact us now.

 

VAT on cryptocurrency

VAT Treatment on Cryptocurrency

Activities in cryptocurrencies are outside the scope of VAT for example bitcoin mining etc. Income received from exchanging bitcoin to ‘traditional’ currencies will not be charged VAT. This means they are classed as exempt for VAT purposes.

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