u/National_Tangelo_759

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.

  1. ⁠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.

  2. ⁠What do I get taxed on when doing crypto/meme coins.

  3. ⁠Are there any apps or anything I can use to track my sells, buys, stuff like that.

  4. ⁠And what if I lose on crypto? Would I still pay tax.

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u/National_Tangelo_759 — 4 days ago