CRYPTO41400 - Cryptoassets for businesses: Corporation Tax: Corporation Tax on chargeable gains - capital losses
If a company disposes of exchange tokens for less than their allowable costs, they will have a loss. Certain 鈥榓llowable losses鈥� can be used to reduce the overall gain, but the losses must be reported to HMRC first.
There are special rules for losses when disposing of exchange tokens to a 鈥榗onnected person鈥�.