Generally, if a cryptoasset is sold for a profit, this will result in a capital gain. Crypto gains over the annual tax-free amount will be. Is there a tax exemption for small crypto purchases in the UK? There is no exemption. However, recall that there is a broad Capital Gains Tax allowance. This. Cryptocurrency received as earnings or wages. Cryptoassets received as employment income count as 'money's worth' and are subject to Income Tax. SIMPLE EFFECTIVE FOREX SYSTEM

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