BittyTax icon indicating copy to clipboard operation
BittyTax copied to clipboard

Net gain from covering losses

Open mrgithub opened this issue 4 years ago • 1 comments

Does this provide a way to indicate losses and gains so it can be used to calculate net gains for UK corporate tax purposes when the activity has been classed as trading?

mrgithub avatar Sep 29 '21 10:09 mrgithub

Not currently, if you run BittyTax using UK company tax rules, it assumes disposals are chargeable gains.

It would require an enhancement to support "trading" of cryptoassets.

nanonano avatar Sep 30 '21 16:09 nanonano