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RE: Bitcoin Via iMessage, Germans Hoarding Cash At Home And Why Newbies Are So Illogical (The Cryptoverse #107 - Feature Length Episode Feat. Josh Scigala from Vaultoro)
I wanted to account for the Bitcoin by holding it on my balance sheet and adjust the value periodically but that went against my accountants advice.
I then had another accountant comment on one of my youtube videos saying that I could keep the Bitcoin.
So much conflicting advice!
I guess the accountants don't really know. Not read it yet, but I see the Revenue has been looking into it
https://www.gov.uk/government/publications/revenue-and-customs-brief-9-2014-bitcoin-and-other-cryptocurrencies/revenue-and-customs-brief-9-2014-bitcoin-and-other-cryptocurrencies