How is cryptocurrency taxed within the UK? Lots of people have been making huge positive factors on crypto just lately, so let us take a look at the all vital query of when you must pay tax on cryptocurrency and the way a lot tax you must pay on crypto.
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📄 Subjects lined:
– Cryptocurrency positive factors
– Do I’ve to pay taxes on cryptocurrency?
– Tax on cryptocurrency mining
– Tax on cryptocurrency as an funding
– Deadlines for paying tax on cryptocurrency
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00:00 – The unhappy reality…
00:58 – Taxes for should you mine crypto
02:10 – Taxes on crypto as an funding
05:07 – Who must maintain observe of how a lot tax I owe?
05:52 – Simplifying cryptocurrency taxes by pooling
08:04 – Come and be a part of the nook!
Disclaimer: I’m not a certified monetary advisor and the contents of this video shouldn’t be thought of a strict suggestion or private funding recommendation tailor-made to you. Please at all times do your personal, thorough, analysis earlier than investing your capital anyplace.