How to AVOID TAX on Cryptocurrency UK

In this video we explore multiple methods that help you legally avoid cryptocurrency tax in the UK. We cover the options available to you, that you may not be aware of, to help save you some money! We also cover some really important tips to remember in order to efficiently and effectively calculate and prepare for your tax bill. Cryptocurrency is a wild ride, don’t needlessly give away gains when you may be able to avoid doing so!

Cheers,
Ed

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My original tax video: https://youtu.be/rqyhrPe6hiM
Damien's channel: https://www.youtube.com/c/DamienTalksMoney

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📄 Topics covered:
- The problem with the capital gains tax free allowance
- How to avoid cryptocurrency tax UK
- Selling and then buying again to avoid CGT
- Writing off previous losses
- Transfers of crypto to your spouse/ partner
- Tax tips - tax software and Koinly, etc.

⏱ Timestamps:
00:00 - Our tax bill isn’t looking pretty…
00:54 - Realistic solutions
02:00 - A problem with the CGT exempt amount
02:53 - Sell and then buy again
04:15 - Writing off previous losses
05:24 - Transfers to your spouse
06:55 - Tax tips to remember
09:56 - Some final thoughts
Disclaimer: I am not a qualified financial advisor and the contents of this video should not be considered a strict recommendation or personal investment advice tailored to you. Please always do your own, thorough, research before investing your capital anywhere.

Видео How to AVOID TAX on Cryptocurrency UK канала Ed's Finance Corner