Muslim Bitcoin Summit on Nostr: "You don't only pay tax when you cash your Bitcoin back into the bank." That's one of ...

"You don't only pay tax when you cash your Bitcoin back into the bank." That's one of the biggest misconceptions this panel clears up, as Shukry Haleemdeen, a chartered management accountant and crypto tax specialist, walks through what UK Bitcoin holders actually need to know.

UK Focus — Tax & Regulatory Landscape, Strategies in Savings, Donations & Charity Organisations

Hosted by Hasnain Dhalla, with Shukry Haleemdeen, founder of My Crypto Tax, who has worked in crypto tax since 2014.

Shukry explains how your tax depends on what you do with your Bitcoin, from capital gains for most holders to income tax for mining and staking and corporation tax for companies, and which moves count as a taxable event. He covers what HMRC can already see, including the new Crypto-Asset Reporting Framework, and the rule changes he expects in 2027.

The panel then turns to the community: how businesses can accept Bitcoin, and why mosques and charities, which don't pay capital gains tax, have a real opportunity to accept Bitcoin donations, including zakat, as long as they take security and record-keeping seriously.

Watch the full session:

https://youtu.be/g0UqM4emXwg

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Full MBS26London playlist: https://youtube.com/playlist?list=PLaYwlHDGyJEI&si=24WTARcb7_h0n9A3

#MBS26London #Bitcoin #Tax #EscapeRiba

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Plenty of Muslims holding Bitcoin want to pay their zakat in Bitcoin. Most mosques and charities can't accept it.

That came up on our UK tax panel with Shukry Haleemdeen (My Crypto Tax). His clients want to give zakat on their gains without cashing out first, and charities pay no capital gains tax on it. The opportunity is there. The infrastructure isn't, yet.

Hosted by RizqRevolution (npub1ue7…ch8h) , the panel also covers what's actually taxable, what HMRC can see, and how a business can start accepting Bitcoin, all done properly and above board.

Watch the full panel:

https://youtu.be/orEfeYuAbYs

Subscribe, like and share on YouTube, we're uploading a new session every day!