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Declare crypto on Self-Assessment tax return?

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  • 1404
    1404 Posts: 290 Forumite
    100 Posts Name Dropper First Anniversary
    masonic said:
    Yes, based on those figures your net gain would be below the allowance and wouldn't need reporting.

    Well, that's a relief as it means I can deleverage now that the market is up. I'd sell all my BTC and leave the XRP and XLM as those are doing well. 

    And with another £3k after 6th April (assuming no market crash) I think that's all the deleveraging I want to do. 

    The only issue for me then is finding a base price for my XRP and XLM, which I have certainly not given up on. I reckon I must have a wallet I have forgotten about in Coinomi, or somewhere else.


  • masonic
    masonic Posts: 27,176 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    I'm sure another coin will come along that takes your fancy, and perhaps you'll be able to gradually move those holdings over, erasing the past issues. Who knows, a more generous CGT allowance may one day return.
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