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CryptoUK policy advisor: UK increases capital gains tax to more than 28% will affect cryptocurrency holders
Britain's finance minister Rachel Reeves announced Wednesday that its political party for the first time in more than a decade
U.K. Finance Minister Rachel Reeves on Wednesday announced her party's first U.K. budget in more than a decade. According to Suzanne Morsfield, policy advisor at trade association CryptoUK, she said the prospect of Reeves raising capital gains tax above 28 percent would hit around 5 million U.K. cryptocurrency holders particularly hard. Capital gains tax refers to gains made from investments in assets such as stocks or real estate, and it affects very few people in the UK. However, Morsfie...
2024-10-30 07:37:46
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