CryptoTax UK · Guide
Crypto and Divorce UK — HMRC Tax Guide
Crypto assets in a divorce settlement raise specific UK tax issues. This guide explains the no-gain-no-loss relief for transfers between spouses and what happens after the tax year of separation. Educational only — not tax advice; always seek specialist family and tax legal advice in divorce proceedings.
Estimate my crypto CGT →No-gain-no-loss transfers between spouses
Transfers of crypto between spouses or civil partners who are living together are made on a no-gain-no-loss basis for CGT. This relief applies in the tax year of separation and for up to 3 years after the tax year of separation under rules introduced in April 2023.
After the no-gain-no-loss period ends
Once the 3-year window closes (or on formal legal divorce, if earlier), transfers between former spouses are treated as market value disposals. The transferor may have a CGT liability.
Disclosure of crypto assets in proceedings
Both parties must disclose all assets including crypto in divorce proceedings. Attempting to conceal crypto assets is a serious legal issue.
Frequently asked questions
Is transferring Bitcoin to my spouse in a divorce taxable?
In the tax year of separation and for up to 3 years after, the transfer can be made on a no-gain-no-loss basis — so no CGT arises at the time of transfer. After that window, market value rules apply.
More UK crypto-tax guides
Educational guidance only. CryptoTax UK is not a regulated tax adviser and the information above does not constitute tax, legal or financial advice. Always confirm your specific position with HMRC or a qualified accountant before filing.