Originally posted by TheGreenBastard
View Post
- Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
- Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!
Cryptocurrency
Collapse
X
Collapse
-
'CUK forum personality of 2011 - Winner - Yes really!!!! -
Originally posted by northernladuk View Post
"depending on the facts, a transaction may be so highly speculative that it is not taxable or any losses relievable."
So a case-by-case examination they say, but if you're regularly trading on alt-markets I would imagine HMRC will be after a cut, and quite a big one considering.Comment
-
Originally posted by scooterscot View PostEducation:
Now look at BTC prices instead of USD and you can see where the money is going. Always follow the bitcoin price.
https://coinmarketcap.com/all/views/all/#BTC
Elementrem 1611%
FedoraCoin 701%
This time next week Rodney I'll be a millionaireComment
-
Originally posted by SunnyInHades View PostSome of the 7 day altcoin gains shown on that page are staggering. Top 2 with decent circulating supply are:
Elementrem 1611%
FedoraCoin 701%
This time next week Rodney I'll be a millionaireComment
-
Originally posted by DimPrawn View PostProblem is there are so many altcoins, which ones are going up 1000% and which are going to zero?Comment
-
Originally posted by glebe digital View Post@scooterscot
What's the position on tax?
Are profits classed as income (and taxable) or do they come under HMRC's gambling umbrella, and tax free?
Rather an important issue for you, I imagine?"Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
-
Originally posted by DimPrawn View PostProblem is there are so many altcoins, which ones are going up 1000% and which are going to zero?"Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
-
Originally posted by northernladuk View PostYou not been following his posts? He doesn't have a clue. He's only doing what he is told to do on here.Comment
-
Originally posted by scooterscot View PostI'm not resident in the UK, so it's win.
Bitcoin tax heaven in Germany?
https://bitcointalk.org/index.php?topic=1098242.0
Good luck!Comment
-
Bitcoin Is a Bad Way to Do Something Necessary | Ian Welsh
Bitcoin was also a libertarian project. Libertarians hate inflationary money, so Bitcoin was made deliberately deflationary. There are a limited amount of bitcoins which can be created. There is a strong first mover advantage even without the fact that bitcoin is acting more like stock in a company than money.
Deflationary money is reactionary. It rewards people for being first, not for being productive. It encourages people not to spend and not to invest in something other than money, which is bad for economies.See You Next TuesdayComment
Partners
- Home
- News & Features
- First Timers
- IR35 / S660 / BN66
- Employee Benefit Trusts
- Agency Workers Regulations
- MSC Legislation
- Limited Companies
- Dividends
- Umbrella Company
- VAT / Flat Rate VAT
- Job News & Guides
- Money News & Guides
- Guide to Contracts
- Successful Contracting
- Contracting Overseas
- Contractor Calculators
- MVL
- Contractor Expenses
Advertisers
Contractor Services
CUK News
- Streamline Your Retirement with iSIPP: A Solution for Contractor Pensions Sep 1 09:13
- Making the most of pension lump sums: overview for contractors Sep 1 08:36
- Umbrella company tribunal cases are opening up; are your wages subject to unlawful deductions, too? Aug 31 08:38
- Contractors, relabelling 'labour' as 'services' to appear 'fully contracted out' won't dupe IR35 inspectors Aug 31 08:30
- How often does HMRC check tax returns? Aug 30 08:27
- Work-life balance as an IT contractor: 5 top tips from a tech recruiter Aug 30 08:20
- Autumn Statement 2023 tipped to prioritise mental health, in a boost for UK workplaces Aug 29 08:33
- Final reminder for contractors to respond to the umbrella consultation (closing today) Aug 29 08:09
- Top 5 most in demand cyber security contract roles Aug 25 08:38
- Changes to the right to request flexible working are incoming, but how will contractors be affected? Aug 24 08:25
Comment