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Posted Fri, 05 Nov 2021 21:57:28 GMT by grid
I have read the Cryptocurrency page on HMRC but im still not sure. I signed up to a newsletter in 2018 to follow the project, there was NO mention we would receive something. A year later they announced they would airdrop to those following the project early on. The airdrop was locked into a Coinlist account in 2019 with 0 value as it was not publicly tradeable/project not released. It started trading in 2020 and airdrop is unlocked 1/12 every month. Does this count under CGT only or its still Income Tax? Thanks
Posted Mon, 08 Nov 2021 18:02:41 GMT by HMRC Admin 10
Hi

Please see further guidance regarding airdrops here:

Cryptoassets for individuals: Income Tax: airdrops

Thankyou.

Regards.

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