A Comprehensive Guide To Taxes On Cryptoassets In The UK

Reading Time: 1 minute(Last Updated On: December 21, 2018)

On today’s episode of The Cryptoverse…
By popular demand, here is my narration of the new tax rules.
GET PROFESSIONAL HELP ON CRYPTO TAXES IN THE UK: https://www.cryptoasset.school/tax

Overview 2:23
Introduction 3:30
What cryptoassets are 4:25
Exchange tokens 7:04
Utility tokens 7:36
Security tokens 7:56
Which taxes apply 8:11
Income Tax 9:23
Financial trading in cryptoassets 9:23
Mining 11:21
Fees from mining 12:31
Airdrops 13:12
Income Tax losses 14:51
Capital Gains Tax 15:32
What constitutes a ‘disposal’ 16:11
Allowable costs 17:40
Pooling 19:32
Example 21:00
Acquiring within 30 days of selling 22:31
Example 24:18
Blockchain forks 26:24
Airdrops 28:48
Capital Gains Tax losses 29:43
Claiming for an asset that’s lost its value 30:08
Losing public and private keys 31:17
Being defrauded 32:20
Cryptoassets received as earnings 33:08
Cryptoassets provided in the form of Readily Convertible Assets 33:25
Cryptoassets which are not RCAs 35:23
Cryptoassets provided by 3rd party in connection w employment 36:19
Subsequent disposal of tokens 37:22
Record keeping 37:32
Self Assessment tax returns 38:19
Other considerations 39:09
Pensions 39:09
Inheritance Tax 39:36

●▬ Earn A Passive Income In Bitcoin ▬▬▬▬▬●

●▬ Take My Online Crypto Courses ▬▬▬▬▬●

Use Christmas coupon code 10youtubexmas18 at the checkout to get $10 per month off for life!
Coupon code expires on Christmas Eve the 24th of December 2018.

●▬ Learn How The Crypto Revolution Is Bigger Than The Internet ▬▬▬▬▬●

●▬ Earn Crypto Rewards For Watching My Videos ▬▬▬▬▬●

●▬ Official Merch ▬▬▬▬▬●
The Cryptoverse

●▬ Donate Crypto ▬▬▬▬▬▬▬▬▬▬▬▬▬▬●
Bitcoin: 3Fo7Uri2R4MLBbZZ3Ja1ryiXnto8BfqFL1
Bitcoin Cash: qqjjyt543y0untmq6w5em6h82u60kcaqpywxm7x75w
Ethereum: 0x0de0E11E0812982652AB68F903643b0cddD4C0a8
Dash: XbrDZbmqUvUUYsPnj8eSLTLqccXe6QvGoz
DigiByte: DBGFU3KLBiLHa6ZfeorxzfeYaA76Joa36B
LiteCoin: LKLvp8owSjqbNRo3iT2fwgzCF6XBZVC4ig
NEO: AYpGCzgWsZvR6f3fvfDKKkbcCKU1KFU8kd
EOS: chrisjsconey

●▬ Social Networks ▬▬▬▬▬▬▬▬▬▬▬▬▬▬●
Steemit: https://steemit.com/@marketingmonk
Twitter: https://twitter.com/ChrisConeyInt
Facebook: https://www.facebook.com/Cryptoversity/
Telegram: https://t.me/TheCryptoverse
Email: http://eepurl.com/dlPc9P
Reddit: https://www.reddit.com/r/TheCryptoverse/
Minds: https://www.minds.com/marketingmonk (signup https://www.minds.com/register?referrer=marketingmonk)
Gab: https://gab.ai/chrisconey

●▬ Sources ▬▬▬▬▬▬▬▬▬▬▬▬▬▬●

#UK #Tax #Crypto