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Cgt on crypto.... Same as savings interest?
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sgx2000
Posts: 524 Forumite
in Cutting tax
Probably a stupid question
I have savings that I will owe tax on...
I also have some bitcoin. I intend to sell £3000 before april....
£3k is within my cgt allowance, but is this added to savings interest tax?
I have savings that I will owe tax on...
I also have some bitcoin. I intend to sell £3000 before april....
£3k is within my cgt allowance, but is this added to savings interest tax?
0
Comments
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No, and, assuming you have no other gains, you can sell more than £3000 tax free as it is only the gain that is taxed not the total proceeds.1
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