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Posted Fri, 05 Jul 2024 20:01:15 GMT by Matthew
I have dual citizenship and have purchased bitcoins abroad which I now wish to sell in the uk. The current value is almost the same as when I purchased them around £12,000. Any gains from the current sale would be very small if any, more than likely after fees I will actually have lost money. Those have not been held for very long. I am unsure if I would need to pay any tax or fill any forms in to declare the sale. Could you offer any advice
Posted Fri, 12 Jul 2024 08:53:05 GMT by HMRC Admin 25 Response
Hi Matthew,
Please refer to guidance at:
Capital Gains Tax: what you pay it on, rates and allowances
Thank you. 

 

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