Capital Gains Tax for Crypto in the UK Capital Gains Tax (CGT) applies to the profit made when you sell or dispose of an asset that has increased in value, including cryptocurrencies. Only the gain is taxed, not the total amount received. The UK offers an annual tax-free allowance called...
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manyindividuals are facing higher tax bills. As a result, more people may be tempted to explore additional streams of income such as social media influencing, which can benefit from the trading and miscellaneous income allowance, meaning that up to £1,000 of income can be...