Gentle Reminder UK bitcoiners.

Remember to use your annual CGT exemption to lock in tax free gains every year. Sell one day, buy back the next.

Maths

10K in BTC. It doubles. You sell, you buy, your new base is 20K

Next year, it doubles, you sell half, you buy, your new base is now £30K

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Discussion

Dude, don't tell me the UK gets tax free gains yearly...fuck me