Crypto Tax ONLINE
Here to help with all your crypto tax needs
Are you profiting from cryptocurrency trading but unsure of your tax obligations on your most recent profits? In the UK, you’ll need a specialised crypto accountant, and Crypto Tax Online are here to help.
Our team of Chartered Standard Accountants and Chartered Tax Advisers are based in Winchester, Hampshire. We provide expert knowledge without the exorbitant fees or jargon – giving you clear and actionable advice for your Crypto assets.
WE CAN HELP WITH CRYPTO BITCOIN Ethereum Litecoin XRP Tether Binance Coin
How is Crypto Taxed?
The majority of people will have to pay Capital Gains Tax on their profits from cryptocurrency trading.
Calculating any profit from cryptoassets can be difficult since many cryptoassets are traded on exchanges that do not use pound sterling and it is common for one cryptoasset to be exchanged for another. This can be complicated further by the volatility of the crypto market and the valuation of your cryptoassets upon disposal.
In rare cases, an individual will be considered to be carrying on a business by trading cryptoassets and will be required to pay Income Tax and National Insurance on their cryptoassets, the most common of which are:
- Mining activities
- Transaction Confirmation
- Airdrops
- Yield farming
we can help with crypto tax
Not all accountants are familiar with – or deal with – cryptocurrency. Tax regulations do not explicitly state cryptocurrency legislation, and guidelines are constantly changing. It’s critical to find a crypto accountant in the UK who is up to date on the latest developments and is as enthusiastic about the subject as you are.
more about crypto tax online
I’m Peter, and I have been an accountant since 2006. I have a clear, logical mind, with a practical approach to problem-solving and a drive to see things through to completion. I have more than 20 years of experience in managing and leading teams across multiple sectors. I enjoy overcoming challenges, and I have a genuine interest in Business Management and making organisations successful. I am an investor in Cryptocurrency myself, and have worked with hundreds of clients to ensure their assets are utilised to their full potential, all whilst being 100% compliant with HMRC tax requirements. If you would like some help with your Cryptocurrency tax, then feel free to get in touch.
how can we help?
At Cryptotaxonline.co.uk, we help you navigate the complex and time consuming world of Cryptocurrency Taxation. We can help save both time, and money, so get in touch!
