The crypto market in the UK is constantly growing and there have been significant changes to the taxation of cryptocurrencies that affect every investor. In this video we explain everything you need to know about the new regulations simply and clearly. We look at the most popular forms of crypto trading and earning and provide clear explanations for the tax rules with real-life examples.

In our video we discuss in detail topics such as buying and selling cryptocurrencies, crypto-to-crypto trading, as well as specialized areas such as staking, mining, liquidity mining, lending, DeFi transactions and NFT taxes. Using practical examples, we show how all these activities are treated for tax purposes in Great Britain.

We've also put together a comprehensive crypto tax guide for you: https://cointracking.info/crypto-taxes-uk/

If you're looking for a simple solution to calculate your crypto taxes, try CoinTracking for free: https://cointracking.info/?aa=550

Timestamps:
00:22 – General crypto tax rules in the UK
00:38 – Income tax vs capital gains tax for cryptocurrencies in the UK
01:34 – Crypto tax rates for the UK
01:50 – Investing vs trading for crypto in the UK
02:37 – Crypto-to-crypto transaction tax in the UK
03:02 – How much capital gains do I have to pay
03:09 – What is the tax free allowance in Great Britain
04:12 – Tax on crypto gifts in the UK
04:32 – Tax on buying things with crypto in the UK
04:51 – Income tax for crypto in Britain
05:28 – How to calculate your crypto income tax in the UK
06:03 – How to reduce crypto income tax in Britain
05:52 – Tax-free crypto events in the UK
07:26 – How to pay your crypto taxes in the UK in 3 easy steps
08:09 – How to report cryptocurrencies on your tax forms in the UK
08:27 – Summary of key information about UK crypto taxes

Why use CoinTracking:
Simple process: Discover the fastest way to import your transaction data, saving you time and effort.
Financial Clarity: Gain a better understanding of your crypto tax obligations and ensure compliance.
Global reach: track your crypto portfolio and generate a reliable tax report wherever you are in the world.
Automation Magic: Learn how to leverage tax generation with CoinTracking, turning a potentially tedious task into a smooth, efficient process.
Maximized returns: Discover possible deductions and optimizations to maximize your returns – because who doesn't like to save money?

You can also find us on social media (we are very active there)️
Twitter https://bit.ly/Twitter-CoinTracking
Instagram https://bit.ly/CoinTracking-Instagram
Discord https://bit.ly/CoinTracking-Discord
Facebookhttps://bit.ly/Facebook-CoinTracking

Stay informed and powerful in the world of #cryptocurrencies!

#cointracking #cryptotaxes #cryptotutorial

Please take the opportunity to connect and share this video with your friends and family if you find it helpful.