Quote from: stevesharpuk on February 13, 2022, 02:43:05 PM

Hi All,

Just wondered if there is a way of avoiding paying tax on your bitcoin gains here in the Sunny UK. Grin

Regards

Dude there are two things in life that you cannot escape. Death and taxes.

As a lawful citizen in our respective countries, whether if you like it or not, or you are either pro or anti-government, paying taxes is a law and you have to comply.

The government wants a share of our earnings. Our taxes are being used to make our country better. Especially in the ongoing pandemic, imagine if there is no tax, how can the government be able to provide vaccines for us?

How can they repair our damaged infrastructures, roads, etc.? And the list goes on.

If you are not happy about the tax, one way is to increase your income by going into multiple streams.