Crypto Accountant
Get in touchAt Crypto Accountant, we provide expert crypto accounting, tax planning, and financial management services tailored to investors and businesses and across the UK.
Whether you need assistance with capital gains calculations, NFT tax reporting, staking earnings, or crypto bookkeeping, our specialists ensure full compliance and optimised financial strategies.
Contact us to streamline your crypto tax obligations and safeguard your digital assets.
Why Do You Need A Crypto Accountant?
Hiring a crypto accountant helps you correctly classify crypto earnings, track transactions accurately, or fulfil tax obligations related to DeFi, staking, and NFTs.
A professional crypto accountant ensures you report crypto transactions correctly, minimise tax liabilities through legal strategies, and handle bookkeeping for crypto-related businesses.
With our expert guidance, you can confidently navigate capital gains tax, income tax regulations, and financial reporting requirements.
How Much Does A Crypto Accountant Cost?
The cost of hiring a crypto accountant for personal use ranges from £250 to £1,500, covering tax reports, capital gains calculations, and compliance support.
Businesses dealing with cryptocurrency transactions require more extensive financial management, with service fees starting at £2,000+ for bookkeeping, compliance, and tax efficiency strategies.
Some accountants charge hourly rates between £100 and £300, while others offer fixed-fee packages based on the number of transactions and reporting complexity. Investing in a professional crypto accountant ensures accurate reporting, reduced tax liabilities, and protection against audits.
Contact the Crypto Accountant for customised prices for professional crypto account-related financial dealings.
How Are Crypto Transactions Taxed?
Cryptocurrency taxation differs for some jurisdictions, as crypto trades are subject to capital gains tax.
Selling, exchanging, or converting cryptocurrencies triggers taxable events, and individuals must report gains or losses accurately.
For NFT traders, tax obligations apply to minting, selling, and royalty earnings, making it crucial to maintain detailed records.
Regulations vary by country, with different reporting requirements in the UK, USA, Canada, Australia, and other jurisdictions.
Can A Crypto Accountant Help Reduce My Tax Liability?
A professional crypto accountant can implement strategies like tax-loss harvesting, allowing investors to offset capital gains with losses and reduce their overall taxable income.
Crypto-related expenses, including mining equipment, transaction fees, and staking gas fees, can be deducted in some instances.
For businesses, we help structure financial operations efficiently, ensuring that crypto earnings are reported in the most tax-efficient manner.
What Are The Best Accounting Tools For Crypto Tax Reporting?
Here are the top solutions for managing crypto taxes efficiently:
Koinly – Automates tax calculations and tracks transactions across multiple exchanges and wallets.
CoinTracking – Offers advanced portfolio tracking and tax reporting features for traders and businesses.
TokenTax – Provides real-time tax reports and integrates seamlessly with DeFi platforms and NFT transactions.
CryptoTrader Tax – Simplifies tax reporting for casual and professional crypto investors.
Xero with crypto integrations – Ideal for businesses handling both fiat and digital currency transactions.
QuickBooks with crypto plugins – Helps manage financial statements and tax reporting for businesses accepting crypto payments.
How Do I Stay Compliant With Changing Crypto Tax Laws?
To stay compliant with changing crypto tax laws, it’s best to hire a crypto accountant. A crypto accountant helps you stay updated on new government policies, amendments to tax laws, and changes in reporting requirements.
If past tax returns were filed incorrectly, filing amendments promptly prevents penalties. By working with Crypto Accountant throughout the year, you can ensure ongoing compliance, proactive tax planning, and protection from future audits.
Contact us for more details on filing your tax returns on crypto earnings and staying compliant with government regulations.