# I was paid in bitcoin for freelance work

Freelance crypto is trading or miscellaneous income at receipt value. Register for Self Assessment if not already. CGT applies only on any gain above that value when sold later.

## Situation

Riley received two invoices paid in bitcoin worth £3,000 and £4,500 at receipt dates.

## What to do
- Record income date and pound value for each payment
- Report on SA100
- Use receipt value as pool cost when disposing tokens

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— Digital Assets UK (https://digital-assets.co.uk/scenarios/paid-in-bitcoin-contractor/), reviewed 2026-06-23.
