"You don't only pay tax when you cash your Bitcoin back into the bank." That's one of the biggest misconceptions this panel clears up, as Shukry Haleemdeen, a chartered management accountant and crypto tax specialist, walks through what UK Bitcoin holders actually need to know.
UK Focus — Tax & Regulatory Landscape, Strategies in Savings, Donations & Charity Organisations
Hosted by Hasnain Dhalla, with Shukry Haleemdeen, founder of My Crypto Tax, who has worked in crypto tax since 2014.
Shukry explains how your tax depends on what you do with your Bitcoin, from capital gains for most holders to income tax for mining and staking and corporation tax for companies, and which moves count as a taxable event. He covers what HMRC can already see, including the new Crypto-Asset Reporting Framework, and the rule changes he expects in 2027.
The panel then turns to the community: how businesses can accept Bitcoin, and why mosques and charities, which don't pay capital gains tax, have a real opportunity to accept Bitcoin donations, including zakat, as long as they take security and record-keeping seriously.
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