How To Correctly Calculate Crypto Taxes | UK Tax Guide

Sdílet
Vložit
  • čas přidán 20. 05. 2024
  • UK crypto tax explained.
    In this video, we'll explore how to treat cryptocurrency profits under UK / HMRC tax rules.
    Below timestamps will help you navigate the applicable areas.
    🕵️‍♂️ TIME STAMPS:
    00:00 Definitions: DONT SKIP
    04:37 Scenario 1: Buying and Selling
    09:39 Scenario 2: Mining and Staking
    12:07 Scenario 3: Airdrops
    13:21 Scenario 4: Employment Income
    15:27 Tax Bandings & Outro
    🥷 LETS CONNECT:
    Instagram - / sandhu_c
    TikTok - / sandhutalks
    👨‍🎓 BOOKS I RECOMMEND:
    The Richest Man in Babylon - amzn.to/440AbnB
    Think And Grow Rich - amzn.to/45eE4Gs
    Rich Dad Poor Dad - amzn.to/3QvfCfR
    Intelligent Investor - amzn.to/47jA5KC
    👮‍♂️ DISCLAIMERS & DISCLOSURES
    This content is for education and entertainment purposes only. SandhuTalks does not provide tax or investment advice. The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors. Past performance is not indicative of future results. All investing involves risk, including the possible loss of principal.

Komentáře • 3

  • @gavinaustin1289
    @gavinaustin1289 Před měsícem

    Very informative thank you

  • @riteshsuthar7057
    @riteshsuthar7057 Před měsícem

    It is legal Tender in El Salvador 🇸🇻

  • @Zero-Investing
    @Zero-Investing Před měsícem

    Question: If I buy 1k worth of Btc, then sell it into Xrp, then sell it into usdt , etc... However, I make zero gains on the swapping/selling. Doing this 50 times during the tax year, do I pass the yearly 50k proceeds to submit a tax return with my 1k?