Craigstockton12

Bear in mind as it is Crypto they may ask for evidence showing your 2018 and 2019 purchase. Just make sure you have records confirming your purchase (just in case they ask).

In Tax Year 2019-20 I made under £7,000 capital gains. Then in Tax Year 2020-21, I made under £9,000 capital gains. I checked the guidance at the time and because it was under the Capital Gains Tax allowance I did not need to file a return. However, how long do I have to keep evidence for the transactions. I have looked everywhere and cannot find the answer. All I can find is that if you file a return you have to keep for at least 12 months. However, I have never filed a self asse return as I have never exceeded the allowance. Please could you tell me how long I have to keep the evidence. Also, please make your guidance better. I have spent the past 2 days looking for the answer but cannot find it. There are millions of people who would be in my situation. It should not need you to be Sherlock's Holmes to find such a answer to such a straight forward question.