Bitcoin Accountant
If you own Bitcoin and live in the UK, you have tax obligations. Bitcoin taxation is not always intuitive. HMRC treats Bitcoin as a crypto asset, not as money, which means transactions can create capital gains tax or income tax liabilities even when no cash changes hands. We help you stay compliant and avoid paying more than you legally owe.
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Trusted by Clients for Crypto Tax Compliance
Bitcoin Accounting for Individuals and Businesses
Whether you are a long-term holder or a high-frequency trader, your tax obligations vary significantly. We provide tailored accounting services for every type of Bitcoin market participant.
Bitcoin Investors
You bought Bitcoin and held it. Now you want to sell. We calculate your capital gains, apply correct cost basis rules including share pooling, and advise on timing disposals to use your annual exempt amount.
Active Traders
High volume trading creates complex calculations. We use specialist crypto accounting software to reconcile hundreds of transactions, margin trades, and futures across multiple exchanges to produce accurate reports.
Businesses Holding Bitcoin
If your company holds Bitcoin or accepts it as payment, the accounting treatment differs from personal holdings. We handle Corporation Tax, financial reporting, and VAT implications for UK businesses.
Free Crypto Tax Consultation
During your free 20-minute crypto tax consultation, we will:
Review your crypto activity across exchanges, wallets, staking, and DeFi
Identify what needs to be reported to HMRC, including gains and taxable income
Explain how crypto tax reporting works and what’s required for your Self Assessment
Highlight potential risks or missed reporting obligations before HMRC flags them
Assess whether previous years need correcting and explain voluntary disclosure options
Outline how we calculate gains and income accurately, including HMRC cost basis rules
Select a Date & Time
Tax Implications of Bitcoin Transactions
Every disposal of Bitcoin can trigger a tax event, whether you sell for pounds, trade for another crypto, or pay for goods. Understanding the specific tax applied to your activity is critical for compliance.
Capital Gains Tax
Most disposals trigger Capital Gains Tax. You pay tax on the difference between what you paid and what you received. We apply the 30-day rule and share pooling to calculate this accurately.
Income Tax
Mining rewards, airdrops, and payment for work are taxed as income, not capital gains. Rates range from 20% to 45%. We review your activity to ensure you are classified correctly.
Mining & Staking
Mining and staking rewards are generally taxable as income upon receipt. The value at that moment becomes your cost basis for future gains. We ensure these complex events are reported properly.
Our Crypto Tax and Advisory Services
We provide a full suite of services designed to take the stress out of crypto compliance. From retrospective clean-ups to forward-thinking tax planning, we have you covered.
Calculations
We reconcile your Bitcoin transactions across all exchanges and wallets. We apply the correct cost basis methods and calculate your capital gains and income accurately.
Self Assessment
We prepare and submit your Self Assessment including all Bitcoin gains and income. You get a clear breakdown of what you owe and why, with no surprises.
HMRC Enquiries
If HMRC has contacted you about Bitcoin, we can help. We handle enquiries, prepare voluntary disclosures, and negotiate settlements to achieve the best possible outcome.
How Crypto Tax Reporting Works
A simple, four-step process to get your taxes sorted.
Connect Data
Our software pulls transaction data directly from your exchanges and wallets securely.
Calculations
We reconcile disposals and apply HMRC matching rules to determine your exact gain/loss.
Review
A specialist accountant reviews the data for optimizations, reliefs, and accuracy.
Submission
We prepare and submit your Self Assessment tax return to HMRC on your behalf.
Our Promise To You
We combine modern efficiency with old-fashioned service. You get real accountants who know your name and understand your business.
RESPONSIVE SUPPORT
Real accountants, real answers. We don’t use impersonal ticketing systems, giving you direct access to the support you need.
Dedicated Accountant
You won’t be passed around a call centre. You get a dedicated accountant who understands your specific situation.
EXPERT TAX EFFICIENCY
We use our expertise to ensure your accounts are structured efficiently, checking for the allowances and reliefs relevant to you.
Clear advice in plain English
No jargon. Just practical, direct guidance so you always understand your financial position.
Frequently Asked Questions
Can HMRC see my Bitcoin activity?
Yes. HMRC receives data from UK exchanges and can request information from overseas platforms. They have issued thousands of nudge letters. Assuming your activity is invisible is not a safe position.
Do I pay tax if I haven't sold my Bitcoin?
What is the 30-day rule?
If you sell Bitcoin and buy it back within 30 days, HMRC matches the sale to the repurchase rather than your original pool. This prevents “bed and breakfasting” to reset your cost basis.