Coinbase warns users their info was passed to UK tax office
Coinbase informed UK users making over 5,000 in profit they’ll be made known to the HMRC — but the deadline to file those taxes has passed.
Cryptocurrency news by Protos · Protos
Audio is streamed directly from the publisher (sphinx.acast.com) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
Coinbase users in the UK have been informed that their names must be given to tax authority HMRC if they cashed out more than £5,000 in fiat during the 2021 tax year.
This is not the first time Coinbase has warned its users of financial disclosures to HMRC. In January last year, an almost identical warning was posted for the 2019 and 2020 tax years.
Hosted on Acast. See acast.com/privacy for more information.