Cryptocurrency trading taxes uk

cryptocurrency trading taxes uk

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While compensation arrangements may affect the order, position or placement the end of the tax.

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If you buy and sell a cryptocurrency the same day, then the sale is considered made from the coins you bought on that same day. All the information contained within this guide is taken from the latest guidance from the HMRC and interviews with UK-based tax professionals. When you dispose of cryptoasset exchange tokens known as cryptocurrency , you may need to pay Capital Gains Tax.