Recent content by CryptoLove

This is a grey area I'm having difficulty with. HMRC talk about badges of trade to define what is income tax and what is CGT. Even accountants I spoke to seem to be fuzzy about this. Seems like HMRC don't want to define it as trading where possible. Apparently some case where a guy got his other...

CGT for crypto in UK is 10% or 20% depending on your salary bracket AFAIK.

Your telegram doesnt work

Also the other option is just to keep trading crypto personally and pay UK capital gains tax.

There seem to be different stances on where the best place is to register a company and open a bank account for a UK national to start crypto trading. BVI and Dubai keeps popping up. Dubai has the crypto trading license but you have to move there to be tax exempt. BVI is apparently tax free if...

Thanks for responding: 1) How do you know theres so many applications and that kyc is a problem? 2) As a veteran crypto trader, what other route would you suggest (i'm new to the setup in dubai)?

What makes you say that if they are trying to establish it there?