Tax UK

There's no 'before'. This has always been the case.

HMRC can retroactively investigate right back to the point where 99.99% of Jow Forums users got involved in crypto, and a lot of people are going to get cucked

I wagecuck for living anyway so I'm comfortable staying below the yearly allowance.

Not even trying to dodge them, just can't be assed with taxes and accountants and shit.

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5 year rule, don't trade or cash anything out til 2023 when you're a millionaire

wat? that's not a thing in the UK

if more countries start doing this, exchanges are going to have to start doing the taxes automatically otherwise normies will stay out of crypto forever

I cashed out 28k GBP in January, and had no problems, just paid capital gains on the initial and then back to GBP. not all the trades.

Why cant i do that again?

ब्लॉकचेन पर एक विष्णु है।

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HMRC only expect you to keep 5 years of accounts

Keep the lube handy for when the taxman comes knocking at any point in the next 7 years

Well enjoy prison for Tax evasion then faggot!!