Taxation in Crypto with Mike Bryan

You can download your FREE report on how you can avoid financial mistakes as a dentist using the link just here >>>  dentistswhoinvest.com/podcastreport———————————————————————Link for Facebook Event: https://www.facebook.com/events/542594396941334?ref=newsfeedReady to clear the fog surrounding crypto taxes and trading? Buckle up for an illuminating conversation with our esteemed guest, Mike Bryan, a dental accountant who possesses a deep interest and knowledge in cryptocurrency. Mike will be breaking down four possible tax options when it comes to dealing with crypto: income tax, CGT, corporation tax, and the chance of no tax at all. He'll also share insights on topics like mining, transaction approvals, airdrops, and much more. If you're a dentist with a stash of crypto and a whirlwind of tax-related queries, then this discussion is tailored just for you!Brace yourselves as we venture further into the intricate world of crypto taxes. We'll be shining a spotlight on CGT Capital Games Tax and the £12,300 CGT allowance that you need to take advantage of. In the light of recent changes in UK legislation, we'll guide you on how to calculate your tax base cost and reveal strategic ways to transfer assets between spouses to benefit from the CGT allowance. The world of crypto tax may seem daunting. But with Mike Bryan by our side, we're set to make it much less so!As we switch gears to a global perspective, you'll get a glimpse of tax regulations and implications in the UK and the US. We'll be stressing the risks of not selling investments and the absolute necessity of having a will to safeguard your crypto portfolio. For an added bonus, we'll talk about tax reporting software, the importance of reporting losses to HMRC, tax-efficient decisions when trading crypto, setting up crypto accounts, and the controversial practice of bed and breakfasting in cryptocurrency. The world of crypto tax has never been more accessible and understandable. Come, join us in our intriguing discussion with Mike Bryan as we unmask the secrets of crypto taxation.———————————————————————Disclaimer: All content on this channel is for education purposes only and does not constitute an investment recommendation or individual financial advice. For that, you should speak to a regulated, independent professional. The value of investments and the income from them can go down as well as up, so you may get back less than you invest. The views expressed on this channel may no longer be current. The information provided is not a personal recommendation for any particular investment. Tax treatment depends on individual circumstances and all tax rules may change in the future. If you are unsure about the suitability of an investment, you should speak to a regulated, independent professional.Send us Fan Mail