‘Assets’ include all kinds of property, whether situated in the UK or not, including:

stocks and shares;

options, debts and incorporeal property;

land and buildings;

business assets (e.g. goodwill);

any currency other than sterling; and

any form of property created by the person disposing of it, or otherwise coming to be owned without being acquired.

HMRC guidance issued in November 2019 indicated that in their view cryptoassets (also known as cryptocurrencies) such as Bitcoin are not currency and fall to be treated as intangible assets for capital gains tax purposes where they are held as an investment rather than for trading purposes.

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