>Buy a lambo with btc
>Immediately sell it for bong bucks
>repeat until you've cashed out
>>3219353
No.
> https://www.gov.uk/capital-gains-tax/overview
> Swapping it for something else
>he thinks he can out-jew the jews
> You don’t pay Capital Gains Tax on other UK assets, eg shares in UK companies, unless you return to the UK within 5 years of leaving.
Leaving the country for 5 years is a possible strategy.
>>3219639
i have british/canadian dual nationality so i could move to canada for 5 years and i'd be good to go?
started with £2000 in april and have £35000 now but i've literally traded it hundreds of times through 5 or 6 different exchanges so recording all my trades is basically impossible, i imagine i would have a really hard time filing for taxes on this
>>3219353
Can't you set up a bullshit company, or buy a carwash like Walter White.
>>3219692
You'd probably owe taxes to Canada then. I'm not sure. I imagined moving to some low tax country. Don't think I'll bother though, 20%, could be worse.
I plan to just assume capital gains on whatever I cash out rather than individual trades. I don't know if that's wise though. I don't have that many trades either
>>3219353
Just take out like 10k a year or something if you don't have that much and you're not working. If you are then taking it out in parts is still a better choice than taking it all out unless you're making a fucktonne
>>3219692
Learn excel
>>3219353
why would you have pics of shaq hanging on your wall?
>>3220763
why wouldn't you??
>open up like 10 banks (easy enough to do in the uk)
>send 3.5 to each bank
>cash out at atm, (might take a week or to)
>stash cash
easy