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CRYPTOCOUNTANCY 

A dedicated team of crypto specialists who are not only passionate about the potential of crypto and blockchain but also possess a thorough understanding of the associated tax and legislative intricacies.

Cryptocurrency
Accounting

With expertise in Cryptocurrencies, NFTs, and Staking, we are well-equipped to manage your accounting and financial requirements, help you understand your crypto tax obligations and advise on cryptocurrency accounting guidelines, allowing you to focus on what matters most to you.

Cryptocurrency accounting
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Crypto Trading

All Currencies, Tokens and Exchanges

Bitcoin, Ethereum, LTC, XRP, XLM, USDT, BInance, Coinbase NEXO, NFTs and more

For Businesses and Individuals

Business or Individual crypto trading, Staking income, helping and advising on tax compliance, Capital gains and Web3 contractors and businesses.

Cryptocurrency Tax Accounting and Filing

We understand evolving HMRC requirements, forms and documents. Using up to date Crypto accounting software

Ongoing Accounting

Profit tracking, finance strategy, deductible income and expenses, Staking and more. We are here to help you!

Experts in Cryptocurrency Accounting

Maximize the potential of your cryptocurrency, virtual currency, Bitcoin, and other blockchain-related financial assets.

Our business-centric approach to cryptocurrency accounting ensures that you harness the full advantages of cryptocurrency, staying at the forefront of the industry—whether you run a well-established Bitcoin-based business or simply engage with crypto as a personal interest. We lay the groundwork for your sustained success.

In a landscape where HMRC rules and tax laws are swiftly adapting to advancements in blockchain finance technology, our experts comprehend the intricacies of cryptocurrency tax responsibilities and cater to the distinctive requirements of all altcoins and exchanges.

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Who we help

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Crypto Tax Report

Token Issuers

Miners

Decentralised Games

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Tax Advisory

DeFi Traders

NFT Collectors

Forensic

An expert in everything you need

You can learn more
about our
Services

  • Do you have to pay tax on cryptocurrency in the UK?
    If you buy and ‘dispose’ of cryptocurrency as a personal investment, you’ll pay capital gains tax on the profits you make. HMRC refers to cryptocurrency units as tokens. It says that disposal is a broad term that includes
  • Calculating Gains and Losses:
    The calculation involves determining the sterling value of the crypto when it was acquired and when it was disposed of. Each trade you make has a tax effect. The difference between these values represents the gain or loss within a tax year.
  • Reporting Requirements and how CryptoCountancy can help:
    You are generally required to report your capital gains and losses on your annual self-assessment tax return if you exceed the tax-free allowance (Annual Exempt Amount). The reporting should include details of each crypto disposal, including the date, amount, and value in GBP. As part of the above service, we can analyse your self assessment tax return to see if any tax savings can be made and we can also review the form to see if there are any anomalies that need to be addressed before the return is submitted.
  • Tax Rates:
    The tax rate for capital gains depends on your overall income and whether you are a basic rate or higher rate taxpayer. As of my last knowledge update, the tax rates were 10% for basic rate taxpayers and 20% for higher rate taxpayers. For the tax year end 5th April 2024 the capital gains allowance is £6,000.

Working with

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Risk Disclaimer

Cryptocurrency includes products that are traded on margin and carry a risk of losses. The products may not be suitable for all investors. Please ensure that you fully understand the risks involved.

Get in Touch

CryptoCountancy Ltd Office 7 35-37 Ludgate Hill London EC4M 7JN

Email: hodl@cryptocountancy.co.uk

Call: 020 3633 0524 

Whatsapp: 07928435113

Request A Free Consultation

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