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
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.
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।
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!!