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RE: My Financial Goals For 2021

in LeoFinance3 years ago

So is there like a special software they can provide you with because fuck me I am not going to do that, that's way too much work. For me it's easy as long as I don't take out more Rands than I put in, I don't have to worry because I've cashed out a loss for that financial year.

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There probably is a program you can use but I haven't stumbled across one yet and it's not on the HMRC site. Pulling data off of 10 exchanges and condensing in to one spreadsheet was a pain in the balls! I don't know how they will monitor all the change addresses that Ledger throws up when you send stuff out from exchanges to the Ledger but I'm operating at a loss in almost all my alts anyway.

It used to be like that in the UK in the in-between gambling and tax-to-death stages - you only got taxed on what you took out to GBP from what you put in.

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