Tax on Cryptocurrency in the UK - A Complete Guide
How is cryptocurrency taxed in the UK? A lot of people have been making big gains on crypto recently, so let's look at the all important question of when you have to pay tax on cryptocurrency and how much tax you have to pay on crypto.
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Would also be great to hear your thoughts in the comments below.
Cheers,
Ed
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📄 Topics covered:
- Cryptocurrency gains
- Do I have to pay taxes on cryptocurrency?
- Tax on cryptocurrency mining
- Tax on cryptocurrency as an investment
- Deadlines for paying tax on cryptocurrency
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⏱ Timestamps:
00:00 - The sad truth…
00:58 - Taxes for if you mine crypto
02:10 - Taxes on crypto as an investment
05:07 - Who needs to keep track of how much tax I owe?
05:52 - Simplifying cryptocurrency taxes by pooling
08:04 - Come and join the corner!
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 Tax on Cryptocurrency in the UK - A Complete Guide канала Ed's Finance Corner
If you do enjoy the video, please don't forget to give it a like and subscribe to the channel (with notifications turned on, of course!) if you fancy being a part of Ed’s Finance Corner going forward!
Would also be great to hear your thoughts in the comments below.
Cheers,
Ed
Want some free Bitcoin?
https://www.coinbase.com/join/lever_h
Just so you know - you will need to deposit £75 in order to get the £7 bonus.
📄 Topics covered:
- Cryptocurrency gains
- Do I have to pay taxes on cryptocurrency?
- Tax on cryptocurrency mining
- Tax on cryptocurrency as an investment
- Deadlines for paying tax on cryptocurrency
📈 DO YOU WANT A FREE STOCK WORTH UP TO £100 ON TRADING 212?
Create a Trading 212 account and deposit just £1 using this link: https://www.trading212.com/invite/HEpt4JCD and we both get a free share!
Alternatively, use the code HEpt4JCD in the ‘Use Promo Code’ tab when you’ve set up your account!
💸 Email me at: Edsfinancecorner@yahoo.com if you want a free share invite to Freetrade as well!
⏱ Timestamps:
00:00 - The sad truth…
00:58 - Taxes for if you mine crypto
02:10 - Taxes on crypto as an investment
05:07 - Who needs to keep track of how much tax I owe?
05:52 - Simplifying cryptocurrency taxes by pooling
08:04 - Come and join the corner!
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 Tax on Cryptocurrency in the UK - A Complete Guide канала Ed's Finance Corner
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