Tax & Regulation
What records do I need to keep for HMRC?
| Record | What to Log | Why |
|---|---|---|
| Daily output | Coins received, £ value | Income tax |
| Electricity bills | Monthly kWh, cost | Expense deduction |
| Equipment | Date, cost, specs | Capital allowances |
| Pool payouts | Dates, amounts, tx hashes | Proof of activity |
| Coin disposals | Date, amount, proceeds | CGT calculation |
💡 Use crypto tax software (Koinly, CoinTracker) — the subscription is itself a deductible expense.