UK tax selling bitcoins

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OTK47 (OP)

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November 17, 2013, 03:25:46 PM

Right so just thinking ahead a bit and I was wondering if anyone on here is in the UK and knows about the tax laws here for selling bitcoins? Thanks

Pentel

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November 17, 2013, 05:54:24 PM

You don't pay tax on your bitcoins.
Buying or selling.

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tinyteapot

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November 17, 2013, 06:44:18 PM

You may be liable for capital gains tax, if you make a significant amount of money.

OTK47 (OP)

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November 17, 2013, 08:48:00 PM

Thanks guys, found a thread that explains it in detail

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