yieldnodes uk tax
July 2022 (Yieldnodes profit: 9.2%)What a great month for Yieldnodes? We have not seen a +9% return since October so this was a very pleasant surprise. They have also uploaded the ‘audit’ results form July which you can see when you login to the dashboard on the left hand side.
April 2021 (profit on yieldnodes: 12.7%)
There is certainly potential to see greater than average returns during a bull run and below average returns on a bear run, however Yieldnodes has been operating long before the ‘bull run’, during times when things were pretty flat and even through some of crypto’s darkest hours, when Bitcoin hit one of it’s all time lows, falling below $5,000 USD in March 2020. During this time, their average return has been 11% monthly.
When people are forced to go underground in fear and children become collateral damage, you must act and provide assistance... We believe that we are a force for good, and we want to be able to look ourselves in the eye. Additionally, Urs has purchased two buses to transport disabled Ukrainian refugees to Europe.
When people need to cower underground in fear, and children are collateral damage, you need to act and provide help… We consider ourselves to be a force of good, and want to be able to face ourselves in the mirror. Urs has also purchased 2 buses that help to carry over disabled refugees from Ukraine into Europe.
The short answer is that you should speak to a specialist crypto accountant / tax professional. The reason is that some areas of crypto are still slightly grey. You will want someone who knows your situation well and has the right knowledge to back up any tax questions to make the call.
For crypto tax tracking I’ve used Cointracking since 2018. It’s not as pretty looking as some of the newer tools, however it is fast and works really well. If you use this link, you’ll get 10% off.
