Meet Medallion Arts, our newest fan.
The artist-to-fan connection is fractured, limiting an artist’s ability to build tailored creative experiences and sustainable economic opportunities. Medallion is Web3 technology that helps artists launch digital worlds to expand fan participation, actionable insights, and economic potential. A team of music and tech industry veterans leveraging this new technology to usher the biggest names in music into a new digital era.
“Starting from scratch, Square Mile quickly created a robust finance function for us with timely and accurate reporting. They have become a trusted advisor on tax, compliance, and international accounting issues, and they continue to anticipate the needs of our growing business.”
How are cryptocurrencies and cryptoassets taxed?
It is the lack of specific crypto tax legislation that is the biggest problem. As a result, profits in the UK are taxed differently based on a taxpayer’s actions and circumstances. Buying, selling, and acquiring cryptocurrencies will involve capital gains tax, income tax, and inheritance tax. Do you have questions about crypto tax, such as:
- Cryptocurrency and Capital Gains Tax
- When does a cryptoasset become liable?
- Cryptocurrency and Income Tax
- Employee Remuneration
- Mining of Cryptoassets
- Cryptoassets and Inheritance Tax
Meet your crypto Consultants and Advisors
Accounting and cryptocurrency tax in the UK
Cryptocurrency taxation in the UK is still a developing field. The guidance from regulators has only just begun, and it likely will change over time as well – so those who own cryptocurrencies need to be aware of any changes that might affect them or their taxes. We are here to help! Our team of crypto accountants will make sure you’ve got your taxes and books in order so that all eyes can focus on the latest investment about to take off.