Blog / Crypto for Business

Crypto for Business

• Company Crypto on the Balance Sheet: Corporation Tax, Not CGT

  UK companies holding crypto pay Corporation Tax on gains, not CGT. No annual exempt amount. Balance-sheet measurement is fact-specific. VAT wall explained.

• Paying Staff in Crypto: PAYE, National Insurance, and the Readily Convertible Assets Trap

  Crypto salaries are taxable as earnings. Where tokens are readily convertible assets, PAYE and 15% employer NIC apply. Here is what UK employers must do.