AVOID These 7 Mistakes with Cryptocurrency Taxes UK | AVOID TAX on Cryptocurrency UK (2021/22 Tax)

AVOID These 7 Mistakes with Cryptocurrency Taxes UK | AVOID TAX on Cryptocurrency UK (2021/22 Tax)

Cryptocurrency is taxed differently than other taxes you pay. While being a relatively new type of asset class, the government was pretty prompt in setting out how crypto should be taxed. It doesn't matter what the crypto is: whether it is a tax on bitcoin or tax on Ethereum. In the UK taxes on all crypto are pretty much the same. It's important to understand your tax liability and avoid paying taxes as much as you can.

However, some people are making major mistakes when it comes to crypto taxes and it's REALLY bad. Making mistakes when it comes to your taxes, in particular, may land you heavy fines or even worse. So make sure you are on the right side of HMRC and can safely proceed with living your life without constantly thinking about cryptotaxes!

If you want a free share valued up to £200 on Freetrade.
Sign Up Using My Link -https://magic.freetrade.io/join/jagdeep/ede89cfd

Get all your stocks, finance, and entrepreneurship-related content in an easy-to-digest email.
https://jagonline.co.uk/

My Previous Video on how to Avoid Crypto Tax UK:
https://youtu.be/6fVeluxmp0U

My Socials:
Instagram - https://www.instagram.com/jag.online/
TikTok - https://www.tiktok.com/@jag.online?

Disclaimer: These videos are based on my own opinion and are not financial advice. Nothing in these videos should be construed as financial advice. I am NOT a financial advisor and so all decisions you make are solely your responsibility. The views shared in this video are just for entertainment purposes only.

Видео AVOID These 7 Mistakes with Cryptocurrency Taxes UK | AVOID TAX on Cryptocurrency UK (2021/22 Tax) канала Jag Online