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Key points about crypto taxes:
Yes, if the value of the coins you got from mining is over £1,000 in GBP equivalent.
Basically, HMRC treats cryptocurrency miners as traders, so you need to pay:
The good news: you can also claim expenses like electricity and mining rigs.
In theory, you should declare yourself a trader to HMRC and pay income tax and National Insurance.
Otherwise, you will be considered an investor by default and pay CGT.
Yes, but only for the same kind of income (investments or trading income, depending if you registered as a trader or not).
According to HMRC:
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