Tax & Regulation
What expenses can I deduct as a mining business?
| Expense | Deduction Type | Example |
|---|---|---|
| Mining rig / GPUs | Capital Allowance (AIA) | £28,000 — Year 1 |
| Electricity | Operating expense | £1016/year |
| Internet | Proportional expense | % used for mining |
| Cooling / ventilation | Operating expense | Fans, ducting, etc. |
| Software / pool fees | Operating expense | ~1% |
| Replacement parts | Revenue expense | Fans, cables, thermal paste |