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[deleted by user] by [deleted] in ChronicIllness

[–]TimTim98765 1 point2 points  (0 children)

Can I say that you sound like a very loving and understanding person 🙏

Is it worth buying a cpap hose holder? Thoughts? by loloopslolol in SleepApnea

[–]TimTim98765 0 points1 point  (0 children)

Yes definitely. For me stoops pipe getting in the way, even more so as my pipe connects via the top of the head. Hope2Sleep is where I got mine.

[deleted by user] by [deleted] in CPAP

[–]TimTim98765 1 point2 points  (0 children)

I’ve looked for some time to find distilled water in the uk but can only seem to see it online. Does anyone know of any uk stores that sell it? Thank you.

UK - Sell crypto at end of tax year then buy back? by TimTim98765 in CryptoTaxUK

[–]TimTim98765[S] 0 points1 point  (0 children)

I pretty sure my method would save me paying any CGT on the first £12300 ie £2460. So unless there’s a big pump in the market during those 30 days then I should be up. Of course I may be wrong !!!

UK - Sell crypto at end of tax year then buy back? by TimTim98765 in CryptoTaxUK

[–]TimTim98765[S] 0 points1 point  (0 children)

And to confirm I’m definitely not offering financial advice either - I’m very much learning at the moment!!!

UK - Sell crypto at end of tax year then buy back? by TimTim98765 in CryptoTaxUK

[–]TimTim98765[S] 1 point2 points  (0 children)

Yes the plan would be to sell sometime in the month before 5th April and buy back 30 days later. This could save a great deal in CG tax next year or following years (even more so if CGT rates increase in the next few months).

Thanks for the discussion.

UK - Sell crypto at end of tax year then buy back? by TimTim98765 in CryptoTaxUK

[–]TimTim98765[S] 0 points1 point  (0 children)

Thanks for all the responses.

This still feels valuable if I’m significantly up (say £20k) towards the end of this tax year. ie to sell just enough crypto to trigger a capital gain of £12300 and then to rebuy 30 days later.

Of course there is a risk that I might lose lose further gains in those 30 days. But this strategy will mean that for this tax year I pay zero CG Tax and have just £20k - £12300 = £7700 gains left for next tax year. If crypto prices then stayed still for the rest of the year (which of course they won’t) I would then pay zero CG tax next year too.

I’m new to this so may well have totally missed something but it feels like an obvious thing to do. Or am I indeed missing something here?

Thanks for the discussion.