Cryptocurrencies: Taxation

(asked on 20th February 2018) - View Source

Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, what assessment his Department has made of the potential benefits of using blockchain for (a) the tax system and (b) the customs and excise system; and if he will make a statement.


Answered by
Mel Stride Portrait
Mel Stride
Secretary of State for Work and Pensions
This question was answered on 28th February 2018

HM Revenue and Customs are considering the use of blockchain alongside other technical options for both tax and customs and excise systems.

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