RE: Crypto Tax in the UK
You are viewing a single comment's thread:
It will be tricky to calculate what you actually made with the price fluctuations. We can earn up to £3000 before paying CGT, but that could be one big transaction for some people. I expect they will not notice until you convert to or from fiat, but it's probably best to get advice if you are concerned.
0
0
0.000
I’m not really concerned as I don’t think my transactions will amount to much regards CGT as I’m not planning on selling/trading much. The problem really is that effectively every transaction is taxable as income.