Skip to main content

This is a new service – your feedback will help us to improve it.

  • Crypto - Taxation of coins received from Coinbase

    Hello, I have read the HMRC Crypto Manual but have 2 questions: 1) In 2021/22, I purchased $100 into Bitcoin (BTC) with Coinbase, and received 10% extra BTC as a bonus. Is that purchase bonus taxable as miscellaneous income? (I do not trade crypto enough for it to qualify as a trade). 2) Every so often on Coinbase, I view information on and answer a quiz about a new coin and I get about $3 to $4 worth of that new coin. Its a reward for being educated about the coin in the hope I will spread the word/ hold the coin for the long term. Is that reward taxable as miscellaneous income? Thank you in advance