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When Do You Have To Pay Tax On Your Crypto?
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Check out my previous videos on the new cryptocurrency regulations in the UK (in chronological order):
New Cryptocurrency Regulations Come Into Force In The UK:
New Crypto Regulations Being Implemented in the UK From April 2024. Crypto tax rules part 1:
New UK Stablecoin Regulations:
Which Crypto Exchanges Have Been Approved Following New UK FCA Regulations. Top UK exchanges 2024:
UK Crypto Exchanges FCA Regulations Update:
In today's full video I cover:
An example of having to pay capital gains tax on your crypto gains.
What crypto tax deductions or expenses you can claim to reduce your Capital Gains Tax e.g. transaction fees.
What the AEA (Annual Exempt Amount) is?
When you might have to pay income tax on your crypto.
Whether you can gift crypto tax free to a wife or husband.
Whether you can offset crypto losses against your gains or profits.
Whether you’d have to pay inheritance tax on crypto.
What records you need to keep as a crypto investor etc.
It has never been more important to educate yourself financially.
Contact me here if you are interested in working with me:
Disclaimer:
The information contained in this video is for informational purposes only. Nothing shall be construed as financial advice. The content is solely the opinions of the speaker who is not a licensed financial advisor. The speaker does not guarantee any particular outcome.
#cryptoregulation
#uk
#cryptotax
#crypto
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