Sigh

Attached: hmrc.png (287x153, 86.98K)

Worse then the IRS

how can I cash out gains worth more than 12.5k? If I do it in increments am I technically free from declaring it? Say, 5k every NMW0Kday for a week?

No, why would you be? It's the total for the year.
So
>12.5k profit CGT tax free
>any further profit minus initial investment you calculate the tax on, fill out the form online and pay

Just pay your taxes, degenerate

Imagine giving the tax man money. faggot. have fun staying poor burger

>dont pay tax
>become unemployed
>cannot avail of anything because you never paid tax

Just keep taking out 12.5 and re-entering it the next year with the new 12.5k. Eventually you'll be able to take out a lot tax free if you need it.

Worse as in we (yes I work for hmrc lmao) have 0 power in comparison.

>pays tax so bojo can give his mates deals
Paying tax in the UK is retarded.

you get universal credit bruv

are audits a boogerman like the tv license man?

Well really you're subsiding pakistani rape, i think I'd rather not

>wagies
>pays taxes
>all possessions loaned from the banks
> all assets in personal name rather than company

Nearly impossible to get. Im off ill from work and it doesn't look like im going to find successful treatment any time soon so burning through savings i looked into UC and if you have any money you won't get it.

Only pakis or breeders get universal credit

>dont pay tax
>be caught
>bank accounts emptied

ok

i dont think people realize how powerful being a British citizen is for taxes

>if you have any money you won't get it.
keep your net worth in crypto, nothing in the bank and just say you dont have any money

Same threads over and over. What’s the point bots?

explain?

>bank accounts

they can have my £482.41

you seriously cant be implying you keep your money in crypto exchanges and wallets? lmao

I cash everything to euro when appropriate, crypto is a ponzi destined for a crash

im not the one who lives in fear of the hmrc. enjoy your taxrape

I live with my girlfriend and her having a job at all precludes it. I honestly don't know how these arab families end up frauding tens of thousands.

British Overseas Territories (get a good accountant)

Nah we have risks profiles that people can hit, although there are like 100 factors, we don't have resource to check everyone so a lot fall through the cracks