08 June 2021
Can I donate cryptocurrencies to charity?
A reader of the Financial Times recently acquired their very first cryptocurrency assets, which they wish to use to support charitable causes. The reader wants to understand the legal implications of using ‘virtual assets’, and in particular the tax implications. Are these cryptocurrency gifts classified as tax deductible?
Sarah Williams, Legal Director in our charities team, answers the reader’s question in the Financial Times.
The full article is available, here.
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