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HMRC update – they have been sending chaser letters to crypto investors who they believe have made gains. What is the difference between tax avoidance and tax evasion? What are the possible sanctions or fees for not paying capital gains tax on crypto gains? What percentage of your crypto could you potentially lose? What are some tax avoidance strategies to reduce capital gains tax? What is the advantage of using automated crypto tax software like Koinly? What is crypto tax loss harvesting? What is an NV or negligible value claim? What happens if you lose your crypto or your private keys? What is the new UK crypto bill that has been introduced in Parliament? And if you lost crypto through the collapse of platforms such as FTX or Celsius? That's what we cover in this video. ********************************************* It has never been more important to educate yourself financially. Contact me here or via e-mail (available on the channel's main page) if you are interested in 1:1 crypto coaching: / jameskaylive / jameskay99 ********************************************* If you are interested in getting specific crypto tax advice based on your personal circumstances from a leading crypto tax company, please find below a direct link to enquire with Myna. Use my name and YouTube channel as who referred you, so they know you have come from here: https://nephos.typeform.com/jameskay ********************************************* Create your free automated crypto tax account with Koinly here: https://koinly.io/?via=DAECAFCC&utm_s... ********************************************* Securely store, manage, and protect your cryptocurrencies with an open source Trezor hardware wallet app & backup solutions. An excellent and one of the best cold storage options in my opinion. https://affil.trezor.io/SHZy ********************************************* Check out my previous videos mentioned: UK Crypto Tax Q&A Part 1: • UK Crypto Tax Q&A With Leading Crypto... UK Crypto Tax Q&A Part 2: • UK Crypto Tax Explained By Leading Cr... UK Crypto Tax Q&A Part 3: • Tax On Crypto Loans, Airdrops & Deriv... ********************************************* Chapters: 0:00 - Intro 1:51 - Question 1 5:08 - Question 2 8:37 - Question 3 11:02 - Question 4 14:10 - Question 5 15:03 - Question 6 17:55 - Question 7 21:46 - Question 8 32:55 - Closing Thoughts Disclaimer: The information contained in this video is for informational purposes only. Nothing shall be construed as financial advice. The content is solely the opinions of the speaker who is not a licensed financial advisor. The speaker does not guarantee any particular outcome. This is to confirm that I am not liable for any third-party services or interactions that you enter. Links included in this description may be affiliate links, for which I will receive a commission if you decided to purchase a service or product through that company. #cryptotax #cryptocurrency #cryptoregulation #cryptoeducation