Crypto Tax Accountants for UK Investors and Traders

Selling crypto for pounds, exchanging one token for another, using crypto to buy goods or services and giving it away (other than to a spouse or civil partner) are all disposals. Moving tokens between your own wallets is not, but the transfer fee may affect the calculation.

Gains above the annual exempt amount of £3,000 are taxed at 18% within the basic-rate band and 24% above it. Losses can be claimed against other gains if reported to HMRC within four years of the end of the tax year.

Rates, thresholds and dates reflect the UK position at the content update date. Check current GOV.UK guidance, or ask us, before relying on them.

You cannot simply match a sale with the purchase you prefer. Tokens bought on the same day as a sale are matched first, then tokens bought in the following 30 days, then an average cost from the section 104 pool. Exchange 'profit' reports often ignore these rules, so we recalculate from raw transaction data.

Tokens received from mining, staking rewards, some airdrops or as payment for work are usually taxed as income at their sterling value when received. That value then becomes the cost for a later Capital Gains Tax calculation. DeFi lending and liquidity pools need case-by-case analysis because the legal terms drive the tax result.

Under the Cryptoasset Reporting Framework, UK-facing exchanges collect user and transaction data from 1 January 2026 and share it with HMRC. If earlier years were not reported, a voluntary disclosure normally leads to lower penalties than waiting for an HMRC letter. We prepare the calculations and handle the disclosure.

You give us read-only exports or API access for each exchange and wallet. We reconcile balances, identify missing cost data, apply HMRC's rules and give you a plain-English summary before anything is filed. Results feed straight into your Self Assessment return.