CRYPTOCOUNTANCY boasts 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. 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.
What we do
Understanding your crypto tax obligations.
When individuals engage in the purchase and sale of crypto assets, the characterisation as an investment activity is contingent on the frequency and value of the transactions. Profits accrued from these activities may be liable to capital gains tax or income tax. While an annual exemption is in place, surpassing it, which includes selling other assets like shares or property, may necessitate the payment of taxes.
When company funds are invested in Cryptocurrency or NFTs, such transactions are categorised as investments, subjecting your company to corporation tax on any resulting gains, akin to other business profits. The invested funds have the potential for staking, enabling the generation of income. If you operate a Blockchain or web3 business, our expertise is available to assist with your crypto accounts.
R&D Tax Relief
If you've constructed or are presently in the process of developing your blockchain or crypto software, there's a possibility for you to file a claim. Our R&D specialists collaborate with you and HMRC to seek reimbursement, potentially recovering up to 33 pence for every pound spent on research and development.
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
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.