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  • Questions about crypto capital gains and losses to offset and self-assessment

    Hi I have some questions about crypto capital gains and losses to offset gains, and the self-assessment if no capital gains. 1. As long as the transactions both capital gains and losses at the same financial year, I can combine all my capital gains/losses into one amount and take away the losses from the gains?? This 23/24 financial year, If I get capital gain £15,000 in total from A and B cryptocurrency. (A: £9,000 + B: £6,000) - £6,000(GCT allowance) = capital gain in total is £9,000 Also, if I get capital loss £16000 in total from C and D. (C: £10,000 + D: £4,000) = capital loss in total is £14,000 So, I have £5,000 capital loss and only report this amount of total money?? or should I report capital gains/losses separately? or I don't need to report any of them as there is no capital gain??? 2. I want to leave the cryptocurrency investment world. I have £5,000 capital loss only from above, but I don't want to claim. If so, I don't need to complete and hand in 23/24 self-assessment next year? Thank you so much in advance.