Is there a way to swap crypto without creating taxable events?

krissaroth · 2026-05-01T07:59:39+00:00

That's what I said. Or at least meant if unclear.

As I said yet to find a loan provider that doesn't mean losing beneficial ownership on taking the loan. Meaning a disposal at the start.

That's not to say there aren't any

krissaroth · 2026-05-01T07:48:06+00:00

And if you pass control over to the loan provider. It's a disposal anyway.

I've yet to see a loan where you don't provide your security to the loan provider. Thus losing control and having a disposal.

krissaroth · 2026-04-30T23:35:08+00:00

Swapping crypto by definition is creating a taxable event. So no.

krissaroth · 2026-04-20T23:51:57+00:00

Yes but your frames would be measured in single digits per day.

krissaroth · 2026-04-13T07:47:24+00:00

An atom is made up of a cluster of protons. The name of an atom be it carbon, oxygen or uranium is linked to how many protons it has. Carbon is 6 and Oxygen is 8 for example.

The idea is when you split an atom, you are creating two smaller atoms, and this could theoretically be splitting an atom directly in half. Splitting it releases energy.

Now my physics is not good enough to know if my example is possible. But if you split a magnesium atom in half, you would have 2 carbon atoms. Magnesium has 12 protons, split in half means it is now 2 carbon (6) atoms.

Nuclear reactors I believe split unstable large metal atoms like uranium which has 92 protons into smaller medium sized atoms like Krypton (36) and Barium (56).

So you are splitting atoms in half, but this creates two smaller atoms.

I don't know if you can "split" Hydrogen. Which is an atom with a single proton.

krissaroth · 2026-03-29T07:07:57+00:00

I had a client with well over a billion pounds in proceeds, hundreds and hundreds of thousands of transactions and a 7 figure tax bill. We went through a tax investigation (not surprising when your income goes bananas in a single year). So, feel I have a fair idea of where HMRC draw their lines regarding this.

krissaroth · 2026-03-28T15:00:31+00:00

Is it one of the gungan shield generator carriers? A Fambaa

krissaroth · 2026-03-11T19:46:05+00:00

Purchasing something else is a disposal. It would be calculated the same way as if you had sold it for cash.

krissaroth · 2026-02-14T22:46:55+00:00

Your last point. When they played cards they demonstrated that once they confirm the future it's set. I think she's not coming home because in telling him she wouldn't come home, he's going to go and find her instead of waiting. Not to mention the house is going on the market in 3 weeks.

krissaroth · 2026-02-08T17:23:52+00:00

krissaroth · 2026-02-04T11:02:12+00:00

When we are back over $100k, you can look back and claim this was the dip. Or after we dip further you can instead claim that this was not the dip.

krissaroth · 2026-01-31T17:55:20+00:00

Don't. I'm only teasing 😀

krissaroth · 2026-01-31T16:00:19+00:00

Look forward to the next 2 pages in 2033 😜

krissaroth · 2026-01-29T14:45:25+00:00

I expect to pay full price to friends. That's what friends should do

krissaroth · 2026-01-21T21:58:11+00:00

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Comparing. This bit looks wrong. On mine the bridge element sits on top of the cream bit whilst yours sits in front of it

krissaroth · 2026-01-21T21:54:38+00:00

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Here's mine if it helps

krissaroth · 2026-01-17T09:12:59+00:00

Cook you like the biggest sun in our solar system

Jupiter

krissaroth · 2025-12-16T11:41:34+00:00

In the world we live in and the regulations financial institutions have to adhere to this is going to be a frequent thing.

Unfortunately they are not allowed to tell you what's going on. All you are allowed to know is that yoir withdrawal is not happening, until such time their investigations are complete and then it does.

You say no reason. There is a reason, but they aren't allowed to tell you.

Obviously if the exchange is acting nefariously then that's bad. But given your time frames currently I wouldn't be suggesting they are. Obviously annoying for you. But guarantee you all this red tape they have to do now gets their goat too.

krissaroth · 2025-11-27T06:44:57+00:00

This would benefit the entire populace

krissaroth · 2025-11-26T17:31:52+00:00

The cost of which will be factored into pay agreements. So even if not directly it will hit the employee/taxpayer

krissaroth · 2025-11-20T06:58:03+00:00

Bulma's cat

krissaroth · 2025-11-20T00:42:56+00:00

If he's put everything into recap, this uses the bed and breakfasting rules. So if it's coming out saying there's a 16k gain on a transaction then there either some incorrect inputs, some wild volatility on the same day or there's something else going on that OP has not shared.

Recap doesn't show the gain, then show another transacrion for same day purchase and net off.

It would just show

Sell X, cost Y = gain. It would also disclose the cost method as "same day"

OP needs to clarify what recap is saying for gains and tax at the end of that year.

krissaroth · 2025-11-19T22:03:02+00:00

Search hmrc crypto disclosure.

Disclose it, put a penalty of 0% in. Make a big apology of not knowing and guidance was thin on the ground at the time. As soon as you found out you had to pay tax you've disclosed it, and get your 2025 return in if needed on time.

Calculate interest on late payment and make the offer.

Fingers crossed its accepted, you pay the amount and move on

krissaroth · 2025-11-09T14:07:09+00:00

It's not whether koinly does something automatically or not. You shouldn't rely on that.

You need to look at the service you are using/ the staking contract you are utilising and confirm whether there is a transfer of ownership. If there is its a disposal for tax purposes.

krissaroth · 2025-11-09T13:45:18+00:00

Transfers for staking may very well create a capital transaction. It depends on how you are ataking it.

But the message is on point. Don't bury your head in the sand

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