This Question is for all members who understand Crypto-currency Tax in the United Kingdom:
What TAX do you pay when you withdraw your crypto-currency earnings in Pound Sterling (£), using your UK bank account?
- Is is Capital Gains Tax OR Income tax?
I think it's income tax, but don't let them know we're trading crypto. We can trade in some black markets for faster transactions and without any deal so that banks are aware that you are trading crypto.
That will avoid you having to pay income tax.