Crypto taxation is gradually becoming one of the most talked topics centered around the entire space, from what used to be a simple digital asset is gradually turning heads and becoming a wide talked topic from government bodies to centralized system and thus the need to be taxed is gradually becoming a normalcy.
But then the question come in, what should be taxed and why should it be taxed?
Different nationalities and regions, have their own tax relief system where certain items, products, and facilities are tax exempted but with a yearly turnover of various financies, this might be somewhat difficult to track and thus an easy and friendly system was added to top wallet called naration.
Naration helps you keep track of your withdrawals as it allows individuals to easily pick and select what each withdrawal is meant for. Say a family member needs your assistance on med or what have you, with naration you can easily select this option and upon recieving the fiat on your preferred account, the naration is added which in turn creates some sort of record keeping.
With tax filling having to be a yearly system, naration are one of many ways to keep inflow records of crypto withdrawals and happy to say this can all be done via Top wallet.
At the moment, Top wallet supports fiat withdrawal of PHP, NGN, and GHS, with talks of more withdraw options coming in weeks to months from now.
Do you currently reside in any of the listed location/regions above? Have you tried top wallet yet or waiting to try it? Which feature(s) would you love to see get added to TopWallet? Do leave a comment or two and I will be sure to respond as soon as possible.
As bonus, Top wallet do air AMA's regularly to update users on new and trending features and best part, everyone is invited to participate, follow Top wallet and turn on notification to stay informed https://x.com/topwallet_pt.
