With use of cryptoassets growing, HMRC is urging people to avoid potential penalties and check if they need to complete a Self Assessment tax return for the 2022 to 2023 tax year.

Anyone with cryptoassets should declare any income or gains above the tax-free allowance on a tax return. Tax may be due when a person:

- Receives cryptoassets from employment, if they’re held as part of a trade, or are involved in crypto-related activities that generate an inco...