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
