If you are considering cashing out your cryptocurrency and have held it for less than.
Crypto trading is becoming more know that the penalties for not declaring your crypto profits.
Any losses above this amount can be carried forward into future tax years. You must believe in the long-term value of a cryptocurrency for this to work, but this strategy might offer outstanding tax treatment. Category Everything. You can offset them against your capital gains to reduce your overall tax liability, which includes using them to bring you back within your tax-free CGT allowance.
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