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Crypto question

Ive done alright on some crypto investments, if i draw them out could i put some tax free into my sipp?.

Comments

  • masonic
    masonic Posts: 29,599 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    edited 26 March 2024 at 9:16PM
    Depending on how much you sell and how much gain you've made, then there could be capital gains tax to pay. Whether or not this is the case, there is no tax for making a pension contribution. You'd be eligible for tax relief providing you had sufficient eligible earnings, which may cancel out any CGT costs.
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