Paying tax is a good problem to have. But not when you don't need to...
The rise of Bitcoin, Etherium, and other cryptocurrencies has undoubtedly left some investors with big gains and big tax problems. This video explains how capital gains work, how they're taxed, and 5 ways you can avoid paying tax altogether:
Use your capital gains tax allowance each year
Bed & ISA
Buy a Proxy
Get Married (transfer assets to your partner)
Pair off losses
I am not an accountant, so please do not think of this as tax advice in any way; if you do think you have a tax problem, please go and see a specialist.
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00:00 Intro
03:23 Capital Gains Tax Explained
09:37 Strategies to Avoid CGT
5 июл 2024