Fiat off ramping UK

Question for fellow Britbongs. How tf do you cash out if you make £1million +.

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google.com

>he thinks he can cash out

cash out low amount > move where no crypto taxes > cash out low amount until you get everything sorted out > cash out big amount

you fucking brainlets i swear

I have heard that coinfloor is good for large withdrawals.

This. Gibraltar is the place to go.

What does cashing out mean?

> Use link gains to win over a 10/10 girl
> hypo her into bimbofication
> get her flawless 30HH fake tits
> convince her to turn tricks on the street
> collect the cash in hand payments

That's the dream lad

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Just pay capital gains at 20% you twat

I don't plan on making that much, problem solved :)

kraken.

>20%

Bongs have it easy

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the paki finance minister is planning on raising it to 40%

But you have to stay at least 1 year where there's no tax. What if your asset dumps in the meantime? And it will, we're talking about crypto here

Good lord. Why is the West like this? What went wrong?

Is that not just for second properties??

Bullshit

rumours that it *might* be hiked to the same rate as income tax across the board. your gains will be used to prop up the lifestyle of nogs and pakis

bloody hell, there's a whole suite of defi asset stablecoins available these days. Use PAX USDC etc, wait out any crash in those

>bloody hell, there's a whole suite of defi asset stablecoins available these days. Use PAX USDC etc, wait out any crash in those

This. There's little need to "cash out" large sums of fiat really these days.

Coinbase is very easy to work with, though. Basically fee-free if you use pro, and I have a 500k daily withdrawal limit so no probs there.

In practice, you're going to stay in crypto indefinitely and merely shuffle between assets.

crypto to crypto is taxable lads and ive not declared anything once since 2016

how fucked am i?

Are you dense? If you cash out to a stable coin you have to pay taxes on that. That defeats the whole point.

are you fucking retard who cant figure out how to bypass that? Just fucking quickly jump into shitcoin of your choice from stables and cash out via it if you scared of stablecoin bogyman you idiots i swear

It’s already 40 if you earn over 40

Fack. Guess I won't be declaring anything if that's the case

>How tf do you cash out if you make £1million +.
Link staking. You no need to cash out
Would you cash out Http if it let you have a living off it?

Cash out into your family's bank accounts and make use of their 12.5k tax free cap gains

But then you go back to my first question, which was, how do you wait one year in the foreign country as your stack will probably dump during that time

Is there any way they can connect you personally to the addresses you use? If so, they'll eventually notice coins have been moved. Unless it looks like you're just changing wallets they'll start asking questions.