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Obviously the main aim of the game for everyone here is to buy low, sell high and walk away with full pockets. I for one am a little clueless about how crypto profits are treated in the UK. I did hear one person suggest that currently they are treated as gambling wins, and therefore tax free (which would be b-e-a-utiful) however I do have a feeling they don't fall into that gategory and will be subject to capital gains tax. Does anyone happen to have any first hand experience in this matter? Or maybe know of any handy resources. I will most likely speak to my financial adviser when the time comes, but it never hurts to be ahead of the game.
Hi everyone, I often get the feeling that UK members are a minority on XRPCHAT, so I have decided to create a UK Hodlers group where we can post information and discuss everything XRP related which may be of most interest to other UK Hodlers. Please feel free to invite all those who you know are from the UK, or who would benefit from being a member here.