Tax on Crypto Purchased & Transferred from Overseas

Hi, I am a UK resident for tax purposes not a UK citizen. I have recently purchased some crypto on Indian exchanges from my Indian account (using INR). For consolidation and security, I want to transfer those crypto assets to my UK account on the UK crypto exchange. I have below queries to confirm tax situation on different scenarios 1. Do I need to pay any tax or do any declaration to HMRC if I just transfer the crypto assets from my account on Indian Exchanges to UK exchanges, or tax will be applicable only when I sell? 2. In future if I transfer those crypto assets back to my Indian account on Indian exchange and sell assets and pay tax in India, will I need to pay any tax in UK as well? 3. In future, if I gift those assets and the receiver sells it, will I be accountable for any tax payement or the ownership of tax will be transferred to the recipient of the gift? Thanks!

Hi,

1. You will not pay tax on the transfer of the capital.  
2. You can see guidance here: Check if you need to pay tax when you sell cryptoassets
3. If the gift is not to a spouse or a charity, this would be seen as a sale and subject to capital gains tax

Thank you.