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Delays to response times: It's taking longer than usual to answer calls and myIR messages, including for unclaimed money. You may be able to use self-service options in myIR. You can also find information on our website by typing in what you want to do in the search bar. Thank you for your understanding. Log in to myIR

Generally, no deduction is available for the cost of acquiring the cryptoassets from an airdrop or a hard fork, as you will not have incurred a cost in acquiring them. A deduction may be available in some limited cases when you are taxed both on receipt and also disposal. If you think this applies to you, see our guidance for further information.

Qb 21/06 Income tax - tax treatment of cryptoassets received from an airdrop

QB21/07 Income tax - tax treatment of cryptoassets received from a hard fork

Cryptoassets for businesses

Last updated: 26 Jul 2021
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