When is the best time to sell bitcoin
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DO YOU HAVE TO PAY TAX ON CRYPTOCURRENCY? (UK)There is no specific Bitcoin tax or cryptocurrency tax in the UK. Instead, your crypto will either be subject to Capital Gains Tax or Income Tax. The crypto tax. has sent out 8, letters to individuals suspected of owing cryptocurrency capital gains tax, as reported by The Fintech Times. In addition to the CGT allowance, most crypto taxpayers in the UK can make use of the standard Personal Allowance is ?12,, which is tax-free income.
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