Blog

The thoughts and views of the Harvex team

On 20th November 2018

Bitcoin Tax – Is Bitcoin Taxable?

Recording taxes on Bitcoin Almost everyone these days has heard of Bitcoin.  Some people have positive and strongly held views of Bitcoin, confident in the belief that it will soon become part of every-day life.  Others want it to fail and believe Bitcoin being accepted as a currency is simply a fairy-tale. Either way, the […]
Read More
0
Share
On 14th March 2019
By Kathy |

Cryptocurrency Self Assessment

The following cryptocurrency help is intended for UK individuals.  If you have a UK Ltd Company, please refer to our tax help for Companies. Cryptocurrency Self-Employed | Tax Returns for Individuals In this article we will discuss self-assessment tax returns and declaring cryptocurrency transactions including: Do you need to complete a cryptocurrency tax return?  Are […]
Read More
0
Share
On 12th March 2019
By Daniel |

Bitcoin Friendly Banks UK

For those buying Bitcoin as a pastime, as an investment or to trade, finding a suitable Bitcoin Friendly Bank that accepts UK account holders is essential. Owning Bitcoin can be considered risky enough, without the additional risk of banking complications in the UK. In this article we seek to explore some of the issues faced, […]
Read More
0
Share
On 11th March 2019

Do you have to pay tax on Cryptocurrency UK?

Here at Harvex, we are asked multiple cryptocurrency tax questions on a daily basis from UK tax residents. Rather than you trawling through pages of online content, we have summarised the main questions and answers here… If you have more questions, fell free to contact us. Do you have to pay taxes on Cryptocurrency? Cryptocurrency […]
Read More
0
Share
On 20th January 2019
By Chris |

The Evolution of iGaming Regulations

The internet has succeeded to unlock a whole new way for people to access products and services through a mere click of a button. This triggered a natural process whereby existing businesses started migrating parts of their undertaking to create more of an online presence. This new age facilitated the continued growth of commerce by […]
Read More
0
Share
On 4th January 2019
By Kathy |

Understanding Cryptocurrencies

Greater transparency, enhanced security, traceability and efficiency, all come to mind when contemplating over the advantages that distributed ledger technology (“DLT”) has to offer. The main objective behind public and open-source currencies is typically that of creating a decentralised environment whereby inessential intermediaries are eradicated and indirectly reducing unnecessary costs. It all revolves around the […]
Read More
0
Share
On 26th November 2018

Bitcoin Accounting & Crypto Account Management

This article looks to set out current views amongst bitcoin accountants and traditional finance experts around the world with regards to how to treat digital assets when it comes to financial reporting. Why it’s important to ensure your bitcoin accounting and financial reporting is correct? This is very simple and can be summarised in a […]
Read More
0
Share
On 21st November 2018
By Chris |

Blockchain in Banking: The Yin Yang of our future Ecosystem?

The notion behind the Yin Yang, famous for its symbol emanating from China, depicts a scenario in which two forces might initially appear to be conflicting or incompatible in nature.     However, time would prove that the same two forces, which appear as being opposite, can instead end up complimenting each other, in a […]
Read More
0
Share