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/biz/ - Business & Finance

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Anonymous Thu Mar 23 17:00:58 2023 No.54288101 [Reply] [Original]

UK to lower capital gains tax threshold from 12,300 to 6000 next tax year, then 3000 the year after that.

What the actual fuck

>>	Anonymous Thu Mar 23 17:02:11 2023 No.54288129 >>54288101 Oy m9 you go' a capital gains loicense?

>>	Anonymous Thu Mar 23 17:09:15 2023 No.54288261 >>54288101 source please?

>>	Anonymous Thu Mar 23 17:11:24 2023 No.54288297 >>54288261 honestly just google it, it'll be on the .gov website by now - binance sent me an email today stating this, needless to say I'm freakin mad

>>	Anonymous Thu Mar 23 17:12:27 2023 No.54288316 https://www.gov.uk/government/publications/reducing-the-annual-exempt-amount-for-capital-gains-tax/capital-gains-tax-annual-exempt-amount dunno if i'm gonna get banned for posting this link

>>	Anonymous Thu Mar 23 17:17:05 2023 No.54288420 >>54288101 >can't leave to the EU >trade cut off from the EU >protesting literally illegal >economy tanking >Taxes, immigration, housing prices as fucked as ever >Distracting the populace with trannymania How did Brexit go so wrong?

>>	Anonymous Thu Mar 23 17:18:44 2023 No.54288441 >>54288316 >https://www.gov.uk/government/publications/reducing-the-annual-exempt-amount-for-capital-gains-tax/capital-gains-tax-annual-exempt-amount AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAH

>>	Anonymous Thu Mar 23 17:19:43 2023 No.54288458 >>54288420 This is the same thing that has happened everywhere else in the world

>>	Anonymous Thu Mar 23 17:20:30 2023 No.54288477 That's the usual trick 1) We're going to tax the rich! 2) (you too but we aren't publicizing that part) 3) (also the rich aren't really all that subject to these taxes they keep their wealth in the Caymans aha)

>>	Anonymous Thu Mar 23 17:21:44 2023 No.54288509 >>54288458 Not really anon, GDP shrunk by 11% Also the trannymania is way more powerful, the US will not reach such levels of obsession until the next recession

>>	Anonymous Thu Mar 23 17:22:39 2023 No.54288526 >>54288101 I made the most of the current allowance by selling 100k of eth. Unfortunately I immediately purchased chainlink so I am paying hmrc £1000 monthly for 2 years.

>>	Anonymous Thu Mar 23 17:43:05 2023 No.54288944 >>54288261 https://www.gov.uk/government/publications/reducing-the-annual-exempt-amount-for-capital-gains-tax

>>	Anonymous Thu Mar 23 17:44:39 2023 No.54288965 File: 74 KB, 770x600, 0f4.jpg [View same] [iqdb] [saucenao] [google] How do we evade capital gains taxes, for research purposes, of course. Explain in detail.

Anonymous Thu Mar 23 17:51:39 2023 No.54289096

>>54288965
A DAO might be able to do it. It wouldn't necessarily be tied to any single countries' jurisdiction, which is what would make it work. The book The Sovereign Individual briefly mentions how Iridium and the Knights of Malta have international sovereignty. Maybe a DAO could serve as a vehicle to do the same, a virtual country, in a sense.

>>	Anonymous Thu Mar 23 17:55:05 2023 No.54289161 >prime minister pays 22% tax on £1.5m income (and that's just what's on the books) >I pay 35% on £70k Fuck this gay earth

>>	Anonymous Thu Mar 23 17:59:42 2023 No.54289248 >>54289161 I fail to believe this is actually happening I woke up wrong, I'm going back to sleep - this will all be fixed by tomorrow.

>>	Anonymous Thu Mar 23 18:00:41 2023 No.54289266 >>54288101 Kek, that's the middle class shredded. The rich already put their wealth offshore.

>>	Anonymous Thu Mar 23 18:04:39 2023 No.54289348 File: 1.90 MB, 1920x1440, 1677544585301412.png [View same] [iqdb] [saucenao] [google] >>54288316 Not taking the piss or anything, mate, but I am fucking off to Dubai. Fuck this gay island. I love it, but I can't afford it anymore.

>>	Anonymous Thu Mar 23 18:05:00 2023 No.54289353 Its honestly pretty bullish that they're preparing for people to make money off of crypto/metals.

>>	Anonymous Thu Mar 23 18:06:49 2023 No.54289392 File: 292 KB, 750x531, 79FD5853-18C9-41C4-B609-5FE679A409AC.jpg [View same] [iqdb] [saucenao] [google] >>54288526 Chainlink corrupts the soul. You deserve it you WEF supporting traitor to humanity

>>	Anonymous Thu Mar 23 18:07:30 2023 No.54289408 >>54289353 what i was thinking

>>	Anonymous Thu Mar 23 18:08:14 2023 No.54289419 Then £1500 year after that. Then you don't have to be a genius to work out it will be removed altogether after that.

>>	Anonymous Thu Mar 23 18:08:22 2023 No.54289424 Welcome to Switzerland (0% capital gains tax until you are labelled a "professional trader")

Anonymous Thu Mar 23 18:16:58 2023 No.54289580

>£1000 misc income tax allowance for airdrops
>ARB airdrop total is looking at being £2000

I guess I can cash in some of it now and some of it in a couple of weeks for the new tax year but I don't think I can get away without paying some tax next year.

I have no idea how I go about doing a one off tax declaration for this. Coinbase and the like grass you up if you withdraw too much.

>>	Anonymous Thu Mar 23 19:17:13 2023 No.54290822 >>54289348 i don't blame you, however dubai is full of cunts

>>	Anonymous Thu Mar 23 19:19:42 2023 No.54290866 File: 2.10 MB, 896x1315, 1652182563927.png [View same] [iqdb] [saucenao] [google] >>54290822 You are about to get tax raped for "our NHS", "our pakis" and "our heroin addicts". How is this place not full of cunts too?

>>	Anonymous Thu Mar 23 19:19:53 2023 No.54290872 >>54288965 just never sell anything

>>	Anonymous Thu Mar 23 19:22:19 2023 No.54290915 >>54290866 Sorry to hear you're an uneducated racist. The government running the NHS into the ground is all part of their plan to privatize it all. maybe you'll fit in well in dubai after all.

>>	Anonymous Thu Mar 23 19:22:46 2023 No.54290927 Found out today, spent the following hour shaking my head and laughing in disbelief £3k! Per year! It’s equal parts disgusting and funny

>>	Anonymous Thu Mar 23 19:23:34 2023 No.54290942 >>54288101 UK CGT is 10% for bitcoin trades 28% for shitcoin trades Yanks and shitcoiners BTFO

Anonymous Thu Mar 23 19:28:53 2023 No.54291031
File: 3.25 MB, 720x406, 1665952012886333.gif [View same] [iqdb] [saucenao] [google]

>>54290915
>you're an uneducated racist
Is this bait or are you an 85 iq nigger? It's hard to tell these days.
The NHS cannot succeed at anything, you fucking nonce, because, like all other government services, it lacks something called "price discovery", which is basically the only way to figure out what you need in any free system.
In other words, what do you prioritise paying for? Equipment? More doctors? More nurses? Do you need specialists? There's no way to know without a free market. But you know what, you enjoy your early meat suit eviction while paying through the nose for the privilege of being ignored by sub-par doctors.

>>	Anonymous Thu Mar 23 19:32:17 2023 No.54291077 >>54288101 immigrants ain't gonna pay for themselves m8

>>	Anonymous Thu Mar 23 19:35:30 2023 No.54291134 >>54288509 Uk gdp grew 14% since brexit London is cancer but brussels is even worse

>>	Anonymous Thu Mar 23 19:43:52 2023 No.54291290 >>54291031 >Equipment? More doctors? More nurses? Do you need specialists? There's no way to know without a free market. How?

>>	Anonymous Thu Mar 23 19:44:45 2023 No.54291308 >>54288101 UK? more like Joo.K

>>	Anonymous Thu Mar 23 19:52:19 2023 No.54291463 >>54288420 >How did Brexit go so wrong? the original brexit didn't go much better freedom is dead

Anonymous Thu Mar 23 19:54:16 2023 No.54291496

>>54288965
every legit website i can find on american taxes suggests I open a corporation in some foreign shithole and then trade with that.

you still get taxed on your foreign corporation profits but it's less of a headache, no tracking every single transaction's cost basis you can just do raw profit/loss

>>	Anonymous Thu Mar 23 20:00:28 2023 No.54291607 >imagine not taking advantage of ISAs

>>	Anonymous Thu Mar 23 20:23:55 2023 No.54292054 >>54291077 immigrants aren't the ones sponging off the rest of us, numbnuts - they're not exploiting us of the corporation taxes that those fuckers owe us

>>	Anonymous Thu Mar 23 20:24:56 2023 No.54292077 >>54291607 crypto ISAs?

Anonymous Thu Mar 23 20:31:47 2023 No.54292191

>>54292054
The average "right winger" in the UK falls for the immigration scapegoat yet simultaneously supports the government bringing them in.
>b-but muh labour is worse
If you unironically make this argument you are the reason for this country's collapse. Fuck you and the acceptance of the constant lowering of standards.

>>	Anonymous Thu Mar 23 20:37:09 2023 No.54292277 File: 419 KB, 750x824, philips7.jfif.jpg [View same] [iqdb] [saucenao] [google] >>54292191 I'm sorry but I'm disenfranchised with British politics with Sir Keith leading the establishment to """free"""""dumb"""

>>	Anonymous Thu Mar 23 20:41:57 2023 No.54292336 >>54292077 IBKR has crypto ETFs, not sure if they have ISAs

>>	Anonymous Thu Mar 23 20:45:28 2023 No.54292387 >>54288420 UK was leeching us yuros. It's not sustainable on it's own. Even when it was White, was dependent on external resources. Now add all the imported shitskins into the equation. Going to sink deeper into the abyss.

>>	Anonymous Thu Mar 23 20:48:30 2023 No.54292432 >>54291031 how the fuck are we in 2023 and people STILL don't understand why price discovery is an excellent mechanism for the decentralised transmission of economic intension

>>	Anonymous Thu Mar 23 20:53:31 2023 No.54292522 >>54292077 Crypto stocks such as COIN, MARA, RIOT, ARB

>>	Anonymous Thu Mar 23 20:57:21 2023 No.54292569 >>54292277 Labour are shit too but too many people in this country think that they'll make a difference by switching votes between the big two parties.

>>	Anonymous Thu Mar 23 20:57:49 2023 No.54292576 File: 1 KB, 92x125, ABFB9885-172B-4E4A-BC2E-77499330C0C9.jpg [View same] [iqdb] [saucenao] [google] >>54290942 >U vill sell us btc goy

>>	Anonymous Thu Mar 23 21:03:37 2023 No.54292669 >>54289419 You mean capital gains will be made illegal

>>	Anonymous Thu Mar 23 21:06:23 2023 No.54292711 >>54288316 I fuckin hate this country

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