This is an article on HMRC's position on bitcoin. This may help you:
http://www.coindesk.com/hmrc-uk-bitcoin-exchanges-dont-have-to-register-under-money-laundering-regulations/
What I am thinking of doing is:
- Barter some Bitcoins each month to cover electric utility costs
- Cash in some Bitcoins via Exchange and invest in more ASIC's
- Cash in Bitcoins via Exchange when price is good, Invest these profits in 100% recognized assets/businesses by HMRC
These Assets/business will then earn a monthly turnover or dividend. It could take a while until I Cash-In and invest the profits in assets/businesses though.
Comments please, sorry I cannot tell what assets/businesses I am thinking of, this is a competetive world.