/biz/ - Business & Finance

why is there always some stupid fuck on here who says you have to report each and every single trade you do including anything you on metamask/defi coins to HMRC?
I just want to state for the record that that cunt is wrong and it would be impossible for HMRC to trace each and every tx you do on the ETH (and other) network/s anyway.
Stop posting that FUD you lying piece of shite.

If you are in any doubt, then just cash out in Gibraltar or some other tax haven (you have to be resident there for 5 years though IIRC, still beats staying in this rainy shithole and paying for single mothers with 10 mutt kids).

Let's say I want to cash out low 6 figures, how much will I lose to taxes? What's the best (legal) way to lower my tax burden?