▲ 2 r/CryptoTax
Crypto Tax questions (UK)
Hi there, I do crypto and sometimes meme coins. I just had some questions and if anybody could answer it would be greatly appreciated.
I have a normal job which let’s say pays around £40k, but then allegedly I also made another £40k from crypto/meme coins. Would that move me up a tax bracket or is crypto not income tax.
What do I get taxed on when doing crypto/meme coins.
Are there any apps or anything I can use to track my sells, buys, stuff like that.
And what if I lose on crypto? Would I still pay tax.
u/National_Tangelo_759 — 4 days ago