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NFT Questions & Answers

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Questions tagged NFT

Can NFT trading losses offset other crypto gains in the UK?

I did quite a bit of NFT flipping in 2025 some wins, but mostly losses on collections that tanked. Are NFT losses treated the same as other crypto disposals for capital gains purposes in the UK? Can they offset gains from trading altcoins or Bitcoin? Has anyone successfully claimed NFT losses on their self-assessment and had it accepted by HMRC without pushback? Just want to make sure I'm not missing anything before filing. Thanks!