Expert Crypto Tax Advice for Investors, Traders & Businesses

Navigating the complex world of crypto tax can be challenging, whether you are a seasoned investor, casual trader, or business accepting it as currency. At Alexander & Co, we specialise in providing clear, tailored cryptocurrency tax advice aligned with HMRC’s latest regulations.

Our dedicated team of tax specialists helps individuals and businesses across the UK with accurate tax reporting, capital gains calculations, and strategic planning to minimise liabilities while staying fully compliant.

Published by Alexander & Co | Expert Tax Advisors

How Is Cryptocurrency Taxed in the UK?

In the UK, HMRC treats cryptocurrency as if it were property, not currency. That means profits from buying, selling, or trading cryptocurrency is often subject to Capital Gains Tax (CGT). Income from mining, staking, or being paid in cryptocurrency may fall under Income Tax rules.

You may need to pay tax on:

  • Selling cryptocurrency for fiat (e.g. GBP)
  • Trading one cryptocurrency for another
  • Using it to purchase goods/services
  • Receiving it as income (e.g. from mining or staking)

Our Cryptocurrency Tax Services

Crypto Capital Gains Tax Calculations

We help you accurately calculate your capital gains on cryptocurrency transactions, ensuring all applicable reliefs and allowances are claimed.

HMRC Cryptocurrency Tax Reporting

Avoid penalties by correctly reporting your cryptocurrency income and gains. We prepare and submit compliant tax returns on your behalf.

Crypto Tax Planning

Looking to reduce your crypto tax liability? We provide personalised strategies to manage your assets tax-efficiently, whether you hold, trade, or stake.

Crypto for Businesses

Accepting cryptocurrency payments? Operating a Web3 or blockchain business? We offer full tax and accounting support for businesses involved in the crypto space.

Historical Compliance, HMRC Investigations and HMRC Disclosures

If you have not declared crypto activity in previous tax years, we can guide you through the process of voluntary disclosure and negotiate with HMRC where needed.

Where HMRC has contacted you, it is important to respond promptly, and we can assist with this. Please contact us to discuss how we can assist with this before responding to HMRC.

Why Choose Alexander & Co for Your Crypto Tax Needs?

  • Circa 50 years of trusted tax expertise
  • Crypto tax specialists with up-to-date knowledge of HMRC policies
  • Tailored solutions for individuals, high-net-worth clients, and businesses
  • Based in Manchester and London, serving clients across the UK and internationally

FAQs About Crypto Tax in the UK

Do I need to pay tax on every crypto transaction?

Not all transactions are taxable, but most disposals (e.g., selling or swapping) are. We can help you assess your full tax position.

How do I report crypto on my tax return?

You need to declare capital gains on a self-assessment tax return. We can handle this for you, ensuring HMRC compliant reporting.

Are crypto gifts or airdrops taxed?

Yes, depending on how and why they are received. Gifts can trigger CGT; airdrops may count as income.

Is staking income taxable in the UK?

Staking rewards are typically taxable as income. We can help you calculate and report this correctly.

Speak to a Crypto Tax Specialist

Whether you’re trading Bitcoin, staking Ethereum, or launching a DeFi project, our experts are here to help you stay compliant and tax-efficient.

Located in Manchester and London | Serving clients across the UK

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Further reading

This article was written by Emily Kelly ACA Tax Senior Manager at Alexander & Co. Emily is a Chartered Accountant and a member of the ICAEW

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