No items found.
2025-12-08

How Investing vs Trading impacts tax

In most cases of buying and selling cryptocurrency as a retail investor, you are participating in investing rather than trading. The two are treated differently for tax purposes.

  • Investing is subject to capital gains tax or income tax, depending on the nature of the transaction.
  • Trading in this case refers to self-employment which is subject to income tax and National Insurance Contributions.

The key difference between investing and trading – along with the different tax treatments, is how losses generated in the crypto-activity can be used.

In their guidance, HMRC have explicitly stated that they would expect it to be exceedingly rare that any crypto-activity constituting buying & selling crypto would be classified as “trading”.

If you are uncertain, speak to a tax advisor as there are always exceptions, including but not limited to, developing tokens and large scale mining.

How is crypto tax calculated in the United States?

You can be liable for both capital gains and income tax depending on the type of cryptocurrency transaction, and your individual circumstances. For example, you might need to pay capital gains on profits from buying and selling cryptocurrency, or pay income tax on interest earned when holding crypto.

All Countries

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
USA flag
Netherlands
blog
Dec 8
 
Dec
 
2025
 - 
10
min gelezen

Product Update: Spam Filtering

Our new spam center gives you control over any crypto spam currencies that slip through automated detection. Mark entire currencies as spam in one click, manage all spam controls centrally, and maintain clean transaction data for precise reports.

Key takeaways
This tax guide is regularly updated: Last Update  
CryptoTax Calculator thumbnail

Wham, bam, goodbye spam! Introducing the spam center

We automatically filter the vast majority of spam currencies for you. But for the occasional ones that may slip through, you now have direct control.

Our new spam center gives you three tools for the edge cases:

  • Currency-level spam filtering: Mark entire currencies as spam in one click when our automated filters miss one. Your transaction tables declutter instantly.
  • Centralized management: All spam controls in one location. Check what's already filtered or add exceptions as needed.
  • Automatic application: Any manual spam settings you add apply across all transactions and reports immediately. No need to update multiple places.

Most users won't need to touch this. But if you spot spam we haven't caught, you can fix it in seconds rather than categorizing individual transactions.

New category: spam out

We've added a spam out category to handle a specific edge case: fake outgoing transactions that appear in your wallet but weren't initiated by you.

These transactions exist on-chain but represent spam activity rather than genuine transfers. The spam out category lets you classify them correctly, keeping your disposal records accurate and your capital gains calculations precise.

Standard spam filtering catches incoming junk. Spam out handles the fake outgoings. Together, they give you complete control over spam classification.

Log in or sign up to see the spam updates in action.

De informatie op deze website is van algemene aard en houdt geen fiscaal, boekhoudkundig of juridisch advies in. Het is opgesteld zonder rekening te houden met uw doelstellingen, financiële situatie of behoeften. Voordat u op basis van deze informatie handelt, dient u de geschiktheid van de informatie te overwegen, rekening houdend met uw eigen doelstellingen, financiële situatie en behoeften, en professioneel advies in te winnen.
Summ (voorheen Crypto Tax Calculator) wijst alle garanties, toezeggingen en garanties af, expliciet of impliciet, en is niet aansprakelijk voor welk verlies of welke schade dan ook (inclusief menselijke of computerfouten, nalatigheid of anderszins, of incidentele of gevolgschade) voortvloeiend uit of in verband met, enig gebruik van of vertrouwen op de informatie of adviezen op deze website. De gebruiker moet als enige de verantwoordelijkheid aanvaarden die verband houdt met het gebruik van het materiaal op deze site, ongeacht het doel waarvoor dergelijk gebruik of dergelijke resultaten worden toegepast. De informatie op deze website is geen vervanging voor gespecialiseerd advies.

FAQ

No items found.
Inhoudsopgave
heading2
heading3

Meer bronnen

CryptoTax Calculator thumbnail
Blog
17
 
Oct
 
2025
Big News: Crypto Tax Calculator has rebranded to Summ
Lees verder
CryptoTax Calculator thumbnail
Blog
25
 
Jul
 
2025
How The IRS Knows You've Traded Crypto

These are the tactics the IRS uses to collect data, track crypto and match it to your identity. And what to do if you've get audited.

Lees verder
CryptoTax Calculator thumbnail
Blog
25
 
Jul
 
2025
Announcing Our New Partnership with Bybit
Lees verder

Ga gratis aan de slag

Importeer uw transacties en genereer een gratis voorbeeld rapport.