UK Resident? Find out if you owe tax on crypto

UK Resident? Find out if you owe tax on crypto

A number of questions were submitted during the Q&A which have been collated and answered below.

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 Cryptoassets are volatile instruments which can fluctuate widely in a very short timeframe and therefore are not appropriate for all investors. Other than via CFDs, trading cryptoassets is unregulated and therefore is not supervised by any EU regulatory framework. Your capital is at risk CFDs work, and whether you can afford to take the high risk of losing your money.

Applies to UK taxpayers only.

The information above does not constitute financial advice, always speak to a tax professional to ensure it is right for your specific circumstances.

eToro does not represent any government entity. You should check with a tax professional or HMRC if you are paying the right amount of tax.

The post UK Resident? Find out if you owe tax on crypto appeared first on Global Coin Report.

Read more at https://globalcoinreport.com/uk-resident-find-out-if-you-owe-tax-on-crypto/

 

source: https://globalcoinreport.com/uk-resident-find-out-if-you-owe-tax-on-crypto/

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