I know this isn’t really happening yet but when we come time to sell I think most of us will be hit with the ever changing capital gains tax allowance reduction( I feel it will be zero free very soon) it stands now at £3200 I believe before tax is due?.

Obviously, it will be down to each person to conduct their own research and work out their own choices, but I had a notification from my exchange saying they had informed HMRC that I was a cryptocurrency holder.

I’m just wondering, a couple of points

A, have they passed on to HMRC my amount and purchase dates?

B, can HMRC try and insist I prove that I still own the cryptocurrency and haven’t sold or traded any for a profit yet? (I haven’t)

C, I would have thought this would be a GDPR breach without a court order for information?

I really feel that we are getting shafted the the lack of Cap Gains tax drop.