Permanent Establishment
Tax concept for business presence abroad
Gifting Crypto
Transferring cryptocurrency to others without payment
Statutory Residence Test
Rules determining UK tax residence
General Anti-Abuse Rule (GAAR)
Broad anti-avoidance legislation
Anti-Avoidance Provisions
HMRC rules preventing tax scheme abuse
Split Year Treatment
Tax rule for year of residence change
Remittance Basis
Alternative tax treatment for nonUK domiciled individuals
Domicile
Tax concept determining worldwide tax liability scope
Interest in Possession Trust
Trust with beneficiary income rights
Offshore Trust
Trust established outside UK jurisdiction
Discretionary Trust
Complex trust with trustee decision making power
Hold-Over Relief
Deferring gains on gifts to connected persons
Bare Trust
Simple trust structure with tax transparency
Beneficial Ownership
True ownership despite legal title holder
Trust Taxation
Tax treatment of crypto held in trust structures
Mutual Agreement Procedure
Resolving international tax disputes
Controlled Foreign Company (CFC)
Anti-avoidance for offshore profits
Transfer Pricing
International profit allocation rules for businesses
Double Taxation Relief
Preventing tax on same income in multiple countries
Degrouping Charge
Corporate group anti-avoidance measure
Substantial Shareholding Exemption
Corporate capital gains exemption
Principal Private Residence Relief
Main home exemption (not crypto applicable)
Incorporation Relief
Tax benefits when transferring business to company
Rollover Relief
Deferring gains when reinvesting in qualifying assets
Indexation Allowance
Historical inflation adjustment (not applicable to crypto)
Entrepreneurs' Relief
Business asset disposal relief (limited crypto applicability)
Taper Relief
Historical long-term holding benefit (abolished)
Chattels Exemption
£6,000 rule for personal possessions (rarely applies to crypto)
30-Day Rule
Restriction on repurchasing assets after claiming losses
Negligible Value Claims
HMRC process for claiming worthless assets
Bed and Breakfasting
Anti-avoidance rule preventing artificial losses
Same Day Rule
HMRC rule prioritizing same day acquisitions
Section 104 Holding
HMRC pool for identical assets
Average Cost Pooling
HMRC's method for calculating cost basis
Sandwich Attacks
Trading strategy exploiting transaction order
MEV (Maximal Extractable Value)
Profit from transaction ordering
Impermanent Loss
Temporary loss from providing liquidity
Slashing
Penalty for validator misbehavior (potential loss)
Validator Rewards
Income from operating blockchain validators
Governance Voting
Participating in protocol decisions using tokens
Borrowing Against Crypto
Using crypto as collateral for loans
Crypto Lending
Earning interest by lending cryptocurrency
Crypto-to-Crypto Swap
Exchanging one cryptocurrency for another (taxable event)
Annual Exempt Amount
Tax-free threshold for capital gains (currently £3,000)
Disposal Event
Any transaction that triggers a potential tax liability
HMRC Compliance
Meeting HM Revenue & Customs cryptocurrency reporting requirements
Capital Gains Tax (CGT)
UK tax on profits from cryptocurrency disposals
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