Topic: Tax in UK (Read 127 times)
Loads of threads on it here - https://www.reddit.com/r/BitcoinUK/
In general if you're selling after a long term hold then you'll pay capital gains over £11,300 of profit every year. Some are trying to blag tax freeness by claiming it was gambling. I wouldn't really want to test that myself. I wish they'd clarify.
In general if you're selling after a long term hold then you'll pay capital gains over £11,300 of profit every year. Some are trying to blag tax freeness by claiming it was gambling. I wouldn't really want to test that myself. I wish they'd clarify.
Is there anybody aware of the tax from bitcoin earnings in the UK ?How and where to pay?
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