Post
Topic
Board Speculation
Merits 2 from 2 users
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Colonel Panic
on 26/01/2018, 00:53:09 UTC
⭐ Merited by Last of the V8s (1) ,Biro Bob (1)


On a different.. wall observing kinda note, the UK annual self assessment tax MUST be paid by January 31st. I’m sure many people that spent well in 2017 (knowing they had massive BTC profits to fall back on) didn’t really plan ahead so needed to cash out a few Bitcoins to pay their tax bill... I’m one of these people. I cashed out at £10600 (approx $14k) but I’m sure others have been holding to the last minute hoping.... it goes a bit higher than now...



31st Jan payment deadline is for tax year 16-17, so CGT on sales before last April

Edit: so your tax is due Jan 2019. No rush.

This wasn’t my Capital Gains. This was just the tax on my self employment that I frivolously spent on hookers and blow rather than saving for my tax bill. I have CGT to look forward to next year.

Sorry, didn’t realise you were still feigning the need to work. And you misspelt “well” as “frivolously”.