Crypto tax
Take help from knowledgeable and reliable UK accountants for crypto-traders
Making cryptocurrency trading gains but unsure of the tax obligations on your profits?
We provide robust cryptocurrency tax advice and structure your affairs to be as tax efficient as possible.
Make sure the correct amount of tax is paid with 3E’S.
Investing in crypto currency has become increasingly popular in the past few years, with many people expecting to make a quick fortune and a tax-free return. However, such is not the case.
Crypto trading isn’t tax-exempt and has caught the eye of HMRC, who wants to ensure all businesses, traders, and investors pay the correct amount of tax on their crypto assets.
How is crypto taxed, you ask?
In the majority of circumstances, crypto is held personally. Any gains made will be typically subject to Capital Gains Tax. However, crypto trading is more than simply buying and selling.
Sure, crypto can be purchased, but it can also be acquired through other means, such as staking and mining. The tax treatment is dictated by how crypto is acquired, and even if it has been mined and not yet disposed of, crypto may still be subject to UK tax.
In rare instances such as mining, airdrops and yield farming, an individual may be required to pay Income Tax and National Insurance on crypto assets.
Whatever the situation, you must be aware of your tax obligations for your crypto activities and you should seek professional advice from a specialist cryptocurrency accountant.
What you get with 3E’S crypto tax support services
- Calculation of taxable gains and losses on your crypto assets
- Robust tax planning to ensure that your crypto assets are properly structured
- Correspondence with HMRC on your behalf, including tax disputes and investigations
- Management of your annual HMRC filing obligations
- Ensuring correct valuations are used for your crypto asset disposals
- A dedicated tax advisor to help you with undeclared crypto gains and disclosures
- Creation of tax-efficient structures for non-UK domiciled individuals
You want more than ‘crypto tax?’
As one of the fast-growing tax planning and advisory specialists in London, we are known for our in-depth knowledge of the tax landscape of the UK. So, tell us — what can we help you with?
- Business valuation
- Cash flow statements
- Tax investigation
- Property investment structure advisory
- Business Asset Disposal Relief
- Tax planning
- R&D tax credits
- IR35 contract review
Our clients love us for our brilliant services.
Ms Irena P
Franchise partner, Courier and Delivery company
I am delighted and happy with the services provided regarding my tax return, both my return and business return, including annual accounts and submission. I would describe 3E’S Accountants as professional, highly trustworthy, quick and empathetic. They handled HMRC compliance check and investigation proactively and confidently that I didn’t realise when it was started and completed. They know what they are doing, and I found them highly professional and knowledgeable. I would highly recommend 3E’S Accountants to everyone.
Manish D
AI Consulting Company
With 3E’S accountants, you get to actually feel that you are a privileged customer. A personal one to one service, updates on latest products and the patience to answer even the smallest of queries that you might have. I have been with these guys for years and have got years of good service and great advice.
Amit J
Financial advisor
3E’S Accountants are efficient, simple, and provide good value service. I think they’ve struck the right balance between being forward-thinking in their application of technology and the professional support and experience essential to accountancy. They provide payroll, bookkeeping, and tax consultancy services for my business. So far, they have saved me thousands of pounds. Whenever we face any problem, the friendly and professional 3E’S team always resolve it quickly.
Nishant S
Property investor
I am extremely glad that my friend introduced me to the 3E’S Accountants. I found they are knowledgeable, professional, timely and who provide excellent value for money. My accountant Tushar and his team has been nothing short of stellar in their approach to managing my accounts and for the high level of service received. Thank you very much.
Bhaumik S
Convenience Store
I have been using 3E’S Accountants and their varied services ever since I established my own business back in the day. Since then, Tushar and his team have been extremely helpful and always prompt in their response. Be it tax specific or general issue — they know it all. Professional, efficient, and experienced — their staff goes the extra mile for their clients. Very highly recommended.
Swapn P
Pharmacy Store
3E’S Accountants has been my accountant ever since I started my career as a Locum Pharmacist. Today, they’re looking after three of my pharmacy accounts. The entire team is responsive, professional, and patient. As a medical professional, I needed an accountant who understood the financial specifics of my job, and that is exactly what 3E’S offers.
Is 3E'S the right choice
for your business?
We could throw a long list of reasons at you for working with us. But we’ll stick with a few:
Giving you an overview of your business’ financial status gives you the insight to take the right business decisions.
When it comes to your finances, you want the best people to be looking after it. With 3E’S, that’s never a problem!
Sure, we’re experts in many areas of accounting but that doesn’t mean we charge the earth. We operate a fair-priced service.
3E’S efficient services help you boost your business performance as a whole.
Knowledge to power your business
Dividend tax to increase from 6 April 2022 – Implications for business owners
The government has confirmed that it will not be backing down on the planned hike in National Insurance (NI) and dividend … Read more
Cryptocurrency Accountants
Crypto is a new, fast-moving sector which has seen an increasing interest from individuals and companies alike. The law on taxes … Read more
Dividend tax to increase from 6 April 2022 – Implications for business owners
The government has confirmed that it will not be backing down on the planned hike in National Insurance (NI) and dividend … Read more
Download freebies
Grab free copies of accounting eBooks, tax checklists, business guides and other information from 3E’S.
