Expertise

What Are Crypto Accountants in the UK?

Get Advice

What Are Crypto Accountants in the UK?

Cryptocurrency investors might know that the tax laws surrounding cryptocurrencies are complicated especially in the UK. But with the right crypto accountant, you can feel confident about your taxes and get more of what’s yours back in return–their help will make sure everything is handled properly so there won’t be any surprises when it comes time for filing next year!

Cryptocurrency accountants have a variety of services to offer when it comes tax planning, treatment and other matters related with cryptocurrencies. They will help you report the gains from your investments or file paperwork for capital gains taxes in order not run afoul with HMRC laws while also ensuring that everything is compliant so as avoid any penalties downside

Cryptocurrency accountants are a must-have for any person who has made money through cryptocurrency investments. They’ll help with reporting, tax planning and treatment of your gains as well as filing the appropriate paperwork if you’re expecting to be taxed on them in some way (like capital Gains). They’ll also ensure that you comply with all current laws. (link to crypto compliance page)

The importance of having a well-organised finance cannot be overstated. Crypto accountants ensure that all your records are easy to access in case there is ever an audit or investigation into them, which can provide every piece information required by law.

How our Accountants can help you!

  • Do I Need A Crypto Accountant?

    When you work with MJ Kane, our team of Crypto accountants and cryptocurrency tax advisers will ensure that you and / or your business is compliant in every way. We have extensive experience handling crypto transactions so much so we can help guide the complex world behind these new currencies into what’s possible for both businesses and people alike.

    We offer bespoke services tailored to fit any type or size of enterprise, investors and hobbyist while also following rules and standards set in the UK including:

    • Crypto tax returns
    • Crypto tax consultations
    • Wealth management of crypto assets
  • Crypto Tax Compliance

    The complexity of taxation on Bitcoin and other cryptocurrencies isn’t always straightforward. You need the expertise to understand how these transactions work in order accurately calculate your profit/gain, which will depend upon your circumstances such as level of activity – but it’s crucial not just know this information at inspection time!

  • Crypto Tax Planning

    You can be confident in our team’s proactive approach to advice you on changing legislation and new planning opportunities. We’ll let your know of any issues well before they due date, so that there are no surprises at tax time.

    You can find out more about our crypto tax accountants services, or by arranging a consultation with our team on the form below.

    Alternatively, for urgent queries please call us at:

    Tel: 028 9335 0290

  • Crypto Tax Advice and Help

    The level of service we offer is second to none; from start-ups, through intermediary and corporate clients alike. We take time getting know your business needs so that you can rely on us for the best advice possible when it comes down how cryptocurrency will work in tandem with other aspects or running an enterprise successfully. We continuously engage our customer base by providing comprehensive services tailored specifically towards their individual preferences while also offering specialist solutions should users require more guidance than what’s available. We offer bespoke Crypto tax advice for individuals and companies. Learn more extensively on how our accountants approach Crypto Tax Advice:

  • Crypto Wealth Management

    Financial planning can be a difficult and confusing process for anyone, whether they’re just starting out in their career or already established. The best way to achieve your financial objectives – both short-term goals like buying that next house as well as long term plans such retirement savings accounts – is by following an organized strategy with plenty of room left over so you don’t get overwhelmed!

  • What Should I Expect With MJ Kane’s Initial Crypto Tax Consultation

    At M J Kane, we can provide assistance with ensuring that crypto transactions are tax efficient and advising on the implications of crypto asset activities. You can find out more about our crypto tax accountants services, or by arranging a consultation with our team on the form below. Alternatively, for urgent queries please call us at: Tel: 028 9335 0290

  • What is included in my 15-minute advisory phone call

    During your advisory phone call you will be in a position to ask one of our Crypto Tax Specialists any questions you may have regarding tax advice and crypto currency.
    You will be provided with bespoke advice unique to your circumstances.
    The call will include advice on tax planning and tax saving to ensure that you get the best savings out of your investment.
    You will be provided with a report based on the phone call detailing the advice our specialist recommends.
    This call will be more than a consultation and will provide you with bespoke, exact tax advice unique to your situation.
    You can book a 15-minute conversation with one of our Experts now!

  • Do I need to report my Cryptocurrency on my taxes

    Yes, your cryptocurrency is taxable. HMRC considers cryptocurrency holdings to be a taxable income. The rate your currency income is taxed on will vary depending on the way you receive the income.

  • Are paper gains taxable?

    Unrealized gains. Gains that are “on paper” only are called “unrealized gains.” For example, if you bought a virtual asset for £10 and it’s now worth £12, you have an unrealized gain of £2. You won’t pay any taxes until you sell the asset or transfer it.

  • Can HMRC track Crypto?

    HMRC may investigate your tax affairs if you have invested in cryptoassets, cryptocurrency, and virtual currencies such as Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Monero (XMR), Zcash (ZEC) and Ripple (XRP).

  • Are There Crypto Tax Reporting Softwares and Tools in the UK

    There are numerous cryptocurrency tax softwares available in the UK and accurately consider UK tax consideration. Koinly Crypto Tax Software is strong consideration for being one of the most user friendly and easy to use crypto reporting tools.

  • Other Crypto Resources You Might Be Interested In

    At MJ Kane, we pride ourselves in the years of industrial expertise within the crypto sphere and UK tax. Delivering award winning services to thousands of businesses and individuals across the globe. Learn more about other crypto tax guides and services.

Why MJ Kane As Your Crypto Accountants

Award winning services

8000 plus satisfied clients

100+ years combined industry experience

30+ Countries covered

Fixed Fee Service

Tax efficiency focused

Meet the Team

Meet the Senior Management Team

Michael Kane

Founder | Managing Partner

SME Tax Compliance | Tax Planning | Business Development

FCCA Qualified

MJ Kane

Partner | Senior Accountant

SME Tax Compliance | Crypto Taxation Compliance | Business Structuring

ACCA Qualified | BSc Hons Accounting

Jonathon Greenaway

Partner | Senior Accountant

SME Tax Compliance | Property Capital Gains | Inheritance Tax

ACCA Qualified | BSc Hons Business Studies

Need help with Accountancy? Call us today: 028 9335 0290

News & Insights

6 days ago
Are you considering whether to buy or lease a company vehicle?  Both options have their pros and cons, and it’s impo...
Are you considering whether to buy or lease a company vehicle?  Both options have their pros and cons, and it’s important to know the tax implications beforehand.  Read on to find out how each decision affects your business! ...
1 week ago
Received a notice about an overdue confirmation statement? Don’t worry! It’s a common occurrence and, thankfully...
Received a notice about an overdue confirmation statement? Don’t worry! It’s a common occurrence and, thankfully, doesn’t come with late filing fees. Let’s walk through how you can quickly and easily file your limi...
2 weeks ago
With the Labour Party coming to power, there are a lot of questions and uncertainty around what the labour government ef...
With the Labour Party coming to power, there are a lot of questions and uncertainty around what the labour government effect on businesses will be and what the economy may look like, given that they haven’t been in power since 2...
2 weeks ago
Have you ever asked yourself, ‘what happens if my business has a HMRC enquiry’? Receiving a letter from HMRC stating...
Have you ever asked yourself, ‘what happens if my business has a HMRC enquiry’? Receiving a letter from HMRC stating that they want to check the accuracy of your most recent accounts can be a very daunting experience. Even if ...
2 weeks ago
Many UK businesses ask themselves the question, ‘why is My Company Tax Bill So High?’. You’ve probably asked yours...
Many UK businesses ask themselves the question, ‘why is My Company Tax Bill So High?’. You’ve probably asked yourself this question too. Especially if you’ve found your way to this article. This article aims at highlightin...
3 weeks ago
Running a business in the current economic climate can be challenging so the idea of voluntarily registering for another...
Running a business in the current economic climate can be challenging so the idea of voluntarily registering for another tax may seem counterintuitive at first.  However, many savvy business owners are leveraging the benefits...
3 weeks ago
Most limited company directors have a director’s loan account (DLA), but not everyone understands what it is. In t...
Most limited company directors have a director’s loan account (DLA), but not everyone understands what it is. In this article, we will outline the main concept of the director’s loan account and how it affects both you...
4 weeks ago
One of the reasons many people start their own business is for the freedom and flexibility that comes with being your ow...
One of the reasons many people start their own business is for the freedom and flexibility that comes with being your own boss. But what happens when you are looking to start a family? Are you entitled to Maternity pay? If you are...

Get in Touch

If you have an enquiry, please submit an online enquiry below or call us and our Client Services team will be happy to assist you.

    Subscribe Now

    Receive our latest news & insights directly to your fingertips.