by wxplo | Nov 7, 2021 | Cryptocurrencies, Wealth News
A bitcoin exchange-traded fund (ETF) gets exposure to Bitcoin via traditional stock markets, without needing to directly buy or sell the digital asset on a cryptocurrency exchange. So rather than going down a dicey unregulated route exposure is now available via a...
by wxplo | Oct 22, 2021 | Cryptocurrencies, Money Matters, Wealth, Wealth News
Do you have to pay taxes on cryptocurrency UK? Yes, you do. If you reside in the UK and hold cryptoassets they will be taxed if you make a profit (or gain) with the holding. The tax is Capital Gains Tax (CGT), meaning you pay tax on the difference between what your...
by wxplo | Oct 20, 2021 | Cryptocurrencies, Money Making Opportunities, Wealth News
Will The FCA’s Campaign to Warn ‘Younger Investors’ of Cryptos and other high risk assets work? Possibly, but it may be too little far too late. It’s been reported that the FCA is to spend £11Million pounds on an advertising campaign to warn younger people of the...
by wxplo | Oct 18, 2021 | Cryptocurrencies, Wealth News
You’d be foolish to think you’ll escape crypto asset taxation unless you were a very earlier adopter that was set up in a foreign place. But the reality is that you’re not, are you? Instead, you’re shuffling about with a new worry in your mind. Is there any escaping...
by wxplo | Jun 10, 2021 | Cryptocurrencies, Wealth News
At last there’s a joined up global initiative following closely on the tax capture of cryptoassets. It’s been on the cards for some time, let’s be honest. The Basel committee met up this week and shared some stories about looted gold and the like....
by wxplo | Jun 2, 2021 | Cryptocurrencies, Wealth News
Have you heard about it? Is it the next big thing? Are you going to miss out? Do you want to get in early? So there I was on an early summer evening at one of my children’s sports activities, I told the coach, “No no I don’t want to be on the...
