UK Crypto Tax Guide With Myna – Part 1 Getting Your Tax In Order

 

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#MYNA #CRYPTO #CRYPTOTAX
The New Kids On The Blockchain have teamed up with UK Crypto tax experts Myna and founder Joe David , to create a series of videos to get your crypto tax in order. This is NOT sponsored content it is part of our ongoing commitment to providing some educational value in the blockchain and crypto space.

People are putting their head in the ground and ignoring tax, but as crypto gets more mainstream and the tax authorities like HMRC become more aware it is essential that you plan your taxes to ensure you do not end up in deep water. With some planning and foresight you can also ensure these taxes are minimised by being on top of it.

Many people are not even aware of what the taxable events are and can find them selves exposed, especially after a bull run (where gains are made) followed by a bear cycle where those 'gains' can quickly dissipate.

This episode is all why you need to be switched on with your taxes and why putting your head in the sand is not going to work. If you have crypto gains in the recent bull run you need to focus on a tax strategy to satisfy the HMRC and minimise your taxes. Using software like Accointing and experts like Myna help with this process which can see very daunting.

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Music by http://www.bensound.com

NB. All information shared here is for information only and should not be considered any kind of financial advice. Always do your own research.

UK Crypto Tax Guide With Myna – Part 1 Getting Your Tax In Order

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Created by Sara Bauer and Richard Abermann

2 comments

  1. Great content, as always guys. Well done for adding some value its not all about mooncoins lol

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