🤔 Crypto Tax Tips - What do HMRC want? 🤔
If there’s an investigation, there tends to be the same requests from HMRC. ‘Bear’ in mind that this may happen due to a random check let alone anything that could have triggered it.
So what they they ask for a why? This is going to be a thread but should save you future headache 🧵
3AC bankrupt
LUNA collapse
UST depeg
Celsius bankrupt
FTX collapse
Binance fud
USDC depeg
Just smile when they tell you that you just got lucky.
Congrats survivors.
Put my life savings of 100k into crypto in Q4 2023. In March I had over 600k. I never sold. I’ve round-tripped everything and it eats me alive everyday to the point that my mental health has declined significantly. Still holding though.