Have to pay 40% income tax if I want to cash out my crypto gains

>Have to pay 40% income tax if I want to cash out my crypto gains
JUST RAPE MY GAINS, SENPAI

Thought it was capital gains only user?

I ALREADY PAY 40% INCOME TAX!

1. why are you cashing out?
2. why would you not just buy with crypto
3. cash out in a country with no tax

join the club dad

You're right, lad. My bad. I only have to pay 20%. Still a right pain.

20% on capital gains. Plus you get a £11000 annual allowance free, so does your partner if you're married. Gift them some and you've got £22000 tax free capital gains every year.

If you're cashing out more than that you don't really have my sympathies, go pay your damn tax.

10% if you're in the "basic income tax" band. Just don't work for a year before cashing out and you're golden.

cuck.

Enjoy your taxation.

You are the one paying taxes, fucking cuckold. kek I will pay 0%.

I never understood that as an insult, it's a fetish.

>Because I want my money
>Can't buy a lambo with crypto
>Tfw my money is in a different country and now I can't spend it

This is why you pay taxes.

holy shit, i didn't know this

Well at least you'll get laid for the first time after they bust you for tax evasion.

No faggot just capital gains.

Who said I will stay? kek Enjoy sharing your gains with refugees and chavettes. I bet you would share your wife with Ahmed as well if the government told so.

>put your shit into a coin that will 2x
>wait
>withdraw

its like youre not even getting taxed

Nothing fills me with more joy than see Anglo cucks being ass raped by taxes once they start to withdraw their money

NEETS are saved by the Lord yet again.

Yeah mate I love paying my taxes so I can subsidise Islamic birth rates.