Crypto in belastingaangifte
Pay taxes on your cryptos
Paying taxes... This is often not something that makes you happy when you think about it, but it really has to be done. Yes, you also pay your taxes on all forms of crypto. But how do you do this? This is also something I have often wondered. Because unfortunately this is not that easy. Here are some tips for if you are working on your crypto and are already looking ahead to your taxes to be paid. Because what you have to remember is that you must always pay your taxes properly! If you do not do this, you are evading taxes and that is a criminal offense. So make sure that in addition to a successful crypto journey, you also make an honest crypto journey!
But what should you think about when you file your tax returns?
-How many cryptos do you have on December 31?
-What was the value of your cryptos on January 1.
These are the two most important points. Are you going to file a tax return for 2023? Then you need to know how many cryptos you had on December 31, 2023 and what the value of these cryptos was on January 1, 2023. This is the amount you must declare to the tax authorities. This can either work to your advantage or to your disadvantage. Because if you buy a Bitcoin in year 1 and it was worth 20,000 euros on January 1 and 40,000 euros on December 31, you only pay tax on those 20,000 euros. Unfortunately, you do not sell that Bitcoin and the next year the Bitcoin is only worth 10,000 euros on December 31. Unfortunately, on January 1, it was still worth 40,000 euros. You then pay tax as if your Bitcoin were worth 40,000 euros. Now there are all kinds of people who are now thinking of playing clever tricks by quickly selling your cryptos on the 30th of December and buying them back on the 1st of January to avoid the tax. Unfortunately it doesn't work that way. If you want advice about your tax return, I can only recommend that you go to a tax advisor. What I would like to do is make a nice excel sheet available. Here you can indicate how much of each cryoto you have on the 31st of December. Then go to coinmarketcap or coinecko and look up the price of your cryptos on January 1 of the tax year. Complete all this and you will receive the amount that you must declare to the tax authorities. If you think this is really too much work, you can send an email to "cryptotax@jouwcryptoreis.nl". For
€5 up to 10 cryptos, you will then receive your Excel sheet completed and returned. Do you have more than 10 cryptos? Then of course we can also do that. Above 10 cryptos you pay €0.40 per crypto for up to 25 cryptos and above a total of 25 cryptos you pay €0.20 per crypto. Can't we find everything? Then you will of course be properly reimbursed for the cryptos that were not found.
We hope that we have helped you enough to make your crypto journey a success! Or at least got me excited to get started! With all the information you have read here you are already 10-0 ahead of all beginners who just start without reading up. We are now also working on creating a course. We want to show you a way to get the maximum outcome from your time and money with as little input as possible.
We want to create multiple courses:
-A start-up course in which we explain step by step how to set up and create everything. So from how you create your accounts to when you purchase your first crypto!
-An advanced course in which we will see if we can create your own crypto cash flow machine together with you. We will discuss your own situation in more detail and see whether we can ensure that you can make monthly recurring returns without having to work on this all day.
