Quote from: Lethn on March 26, 2014, 05:28:19 PM

Quote from: Cryptopher on March 26, 2014, 03:10:14 PM

Quote from: hilariousandco on March 26, 2014, 03:06:28 PM

Quote from: Crypto-t on March 26, 2014, 02:50:20 PM

On a positive note UK scraps VAT on crypto trades: http://www.bbc.co.uk/news/business-26426550

Capital gains tax still applies though.

What is capital gains these days? I heard that it was something around £10k PA, but how is it even trackable? Is it one of those where it only matters if you take the piss with your capital gains?

http://www.hmrc.gov.uk/cgt/

Interesting. Best thing to do is just to buy things with the bitcoins and sell the goods you receive, after you have used the goods a little, of course