HMRC Summary report question

Tax Questions
#1

Hello,

I ran my summary report and I have a question - disposal proceeds - Is that the value of crypto sold in the tax year. How do I check that as it seems a lot higher than the value I think I have sold.

Assuming everything is indeed accurate - It is fair to assume that I only need to submit this report on my self assessment if my Cap gains exceeds £3000 in tax year 24/25?

Kind regards

#2

Hi @byt

Regarding Proceeds figure, check out our guide Proceeds from sales & acquisition costs are very high.

I also suggest you check out our HMRC tax guide below:

https://koinly.io/guides/hmrc-cryptocurrency-tax-guide/