What are the tax implications of donating a NFT to charity?If I purchased the NFT less than 12 months ago.If I created the NFT myself?If I created the NFT myself, how would it be valued?Who exactly would value it?
Hi @plasticforks,
The website advises - A capital gains tax (CGT) event occurs when you dispose of your cryptocurrency. A disposal can occur when you:
By disposing of it you would need to declare this as a capital gains tax event on your return. If the tokens are less then 12mnths old you would not be able to apply for the CGT discount. I'm unaware how personal tokens are valued, however you can write in to our early engagement team for further advice.
Links -
Transacting with cryptocurrency.
Working out your capital gain or loss.
Early Engagement.
All the best.
Hi @plasticforks,
The website advises - A capital gains tax (CGT) event occurs when you dispose of your cryptocurrency. A disposal can occur when you:
By disposing of it you would need to declare this as a capital gains tax event on your return. If the tokens are less then 12mnths old you would not be able to apply for the CGT discount. I'm unaware how personal tokens are valued, however you can write in to our early engagement team for further advice.
Links -
Transacting with cryptocurrency.
Working out your capital gain or loss.
Early Engagement.
All the best.
15 Apr 2026 · 8 min read time
4 Dec 2023 · 9 min read time
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