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Hi my name is Lyanne and I’m the managing director of Wilds. The coronavirus outbreak is having a huge impact on everyone at the moment and we are trying to provide as much support as we can during this time. Have a look at our coronavirus updates on the website and contact us if we can help with anything else.

 

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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