Mike on Nostr: Yep. To leave the UK tax system, I currently have to pay 20% capital gains tax on ...
Yep.
To leave the UK tax system, I currently have to pay 20% capital gains tax on unrealised assets.
i.e. I have to sell 20% of my Bitcoin, to pay the CGT I would have paid if I'd sold 100% of my BTC.
It looks like this is going up to 39%
FFS
Published at
2024-10-11 09:41:31Event JSON
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"content": "Yep.\n\nTo leave the UK tax system, I currently have to pay 20% capital gains tax on unrealised assets.\n\ni.e. I have to sell 20% of my Bitcoin, to pay the CGT I would have paid if I'd sold 100% of my BTC.\n\nIt looks like this is going up to 39%\n\nFFS\n",
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