Whether you’re trading Bitcoin, staking Ethereum, or flipping NFTs, we, as your Crypto Accountant, help you stay compliant, save tax, and avoid HMRC trouble.
Cryptocurrency tax is complex, and HMRC is paying attention. Whether you’re buying and selling Bitcoin, trading altcoins like Ethereum and Solana, minting or collecting NFTs, or earning rewards through staking, mining, DeFi, or airdrops your activities may be taxable under UK law.
At Taxacc, we specialise in helping crypto users stay compliant, reduce their tax exposure, and avoid HMRC penalties. As a trusted accountant for crypto, we support:
If you’re involved in crypto in any form, we can guide you through capital gains calculations, income classification, and tax return submissions. We will tailor this to the latest HMRC rules.
As a forward-thinking accountant for crypto assets, we offer:
<h3 class=”heading_heading__2zgWs heading_h4__3iunL inherit coreFeatures_heading__SLyOF”>Who Should Use a Crypto Accountant?
Book a free 15-minute discovery call with a crypto tax accountant and avoid penalties, confusion, and overpayment.
Yes. HMRC considers NFT activity to be taxable. Selling or trading NFTs may incur Capital Gains Tax, and NFT creators may be taxed on income from sales or royalties.
Yes, HMRC considers most crypto disposals—such as selling, swapping, gifting, or spending cryptocurrency—to be chargeable events under Capital Gains Tax (CGT). Therefore, whenever you carry out any of these activities, you may trigger a tax liability. From April 2024, if your total capital gains from crypto and other assets exceed the annual allowance of £3,000, you are legally required to report them to HMRC.
Even if you do not convert crypto into GBP, you still need to declare gains if you’ve disposed of assets through any of the methods mentioned above. It’s essential to keep detailed records and seek advice early to ensure full compliance.
Disposals include selling crypto for fiat (e.g. GBP), exchanging one crypto for another, using crypto to buy goods/services, or gifting it (except to your spouse). These are all taxable events your crypto accountant can help you calculate.
These are usually subject to Income Tax. Your hobby or trade will determine the exact treatment of tax.. A specialist accountant for crypto can review your situation and ensure correct classification.
Yes, HMRC treats most NFT activity as taxable, and it’s important to understand how different actions are classified for tax purposes. When you sell or trade NFTs, you generally trigger a Capital Gains Tax (CGT) liability, especially if the asset has increased in value since acquisition. In addition, if you create and sell NFTs, HMRC treats the proceeds as income, meaning you may be subject to Income Tax rather than CGT. Furthermore, you will have to pay tax on any royalties earned from secondary market. Therefore, it’s crucial to determine the nature of each transaction and report it correctly to avoid future penalties.
You’ll need to consolidate transactions using HMRC’s pooling method. Tools like Koinly, Recap, or Accointing help automate this, or we can do it manually for you as your crypto accountant.
Yes. You can claim allowable losses to offset against gains in the same or future tax years. However, you must formally report them to HMRC.
Yes. HMRC considers crypto-to-crypto exchanges (e.g. ETH to SOL) as disposals, even if you haven’t cashed out. This is one of the most common reporting errors we fix.
Yes. HMRC has data-sharing agreements with major exchanges like Coinbase and Binance. If you’ve made gains, it’s safer to voluntarily disclose than wait for an HMRC letter.
We can help you correct it. Our crypto tax specialists handle voluntary disclosures and can negotiate with HMRC to reduce penalties where appropriate.
If you have multiple wallets, staking income, NFT activity, or significant gains, using a qualified crypto accountant ensures your taxes are accurate, compliant, and optimised.