Bitcoin The South Africans Escape Hatch
South Africa is becoming a hotspot for Bitcoin adoption; with a high internet penetration rate and a population looking for alternatives in an economic climate financial landscape that makes the Rand and Rand-based assets a poor place to park your wealth, Bitcoin’s unique properties attract significant interest. South Africa has been at the forefront of […]
What Is Bitcoin Tax Loss Harvesting?
Bitcoin is synonymous with its four-year cycles and volatility, providing various trading opportunities. Depending on your timing, you could be in for feast or famine, and very few retail investors are ready for either, making plenty of unprofitable mistakes along the way. A bull market can encourage a lot of risk-taking, risks that can prove […]
5 Reasons Why Bitcoin Should NOT Be Taxed
Taxing Bitcoin and other cryptocurrencies is a hot topic, but let’s face it, trying to tax something that was born to be rebellious is like trying to put a square peg in a round hole. Primarily, Bitcoin, by its very nature as a decentralized digital currency, falls outside the traditional financial systems. It was designed […]
What Are The Tax Implications of Bitcoin?
With the staggering rise and fall of bitcoin, we’ve seen the network settle billions in transactions each year, be that from paying salaries, trading, donations and gifting. As more value flows into bitcoin and value is exchanged on the network and adjacent networks like exchanges, bitcoin holders, investors, and traders may have serious tax questions […]
Koinly – Handy Tool To Calculate Crypto Taxes
Koinly Here we go again with the sexy talk! Seriously though, with all the excitement around BTC shooting up and dragging a lot of alt coin prices with it, if you’re thinking of “taking a profit” then I’d like to introduce you to a handy tool called Koinly to calculate your crypto taxes, which was […]
Capital Gains Tax & Crypto In The UK
About Those Taxes It’s not often I talk about glamorous subjects such as tax but yesterday, I saw a great video about tax strategy from Louis Thomas, which is really important to know about and often overlooked. I posted a deep dive about 2 weeks ago in to how the UK capital gains taxes work […]
Deep Dive Into UK Taxes & Crypto
The “T” Word Not the most exciting topic in the world but a very important thing to be aware of nonetheless! I’ll be sharing what I’ve found out so far regarding the UK’s approach as I live here but it goes without saying that you should do your own research on this and this isn’t […]