Using Bitcoin proceeds to help buy a home in the United Kingdom can be an exciting milestone. A well-documented sale can make the process smoother, from calculating any Capital Gains Tax to answering routine questions from a solicitor, mortgage lender or bank about the source of funds.The key point is simple: in the UK, selling Bitcoin for pounds sterling is generally a taxable disposal for Capital Gains Tax purposes. Keeping clear records gives you a strong foundation for accurate reporting, he [...]
