s a member of industry trade body CryptoUK and an early participator in the Web3 SME world – crypto adoption, crypto-asset financial reporting and tax compliance – we have developed a range of expertise and services available to help individuals and organisations get to grips with the concept and with their data.
A capital gains calculation on crypto transactions is no different than with any other financial asset, but the main challenge with crypto transactions can be sourcing and verifying the accuracy of the data from an extensive variety of sources, particularly in cases of high volume trading across multiple wallets.
Our specialist crypto accounting, tax advisory and consulting service can help you organise your transactions, apps, wallets, exchange accounts and data files into manageable connected systems and processes, and to understand tax implications of historic and future activity.
- Crypto data analysis and management
- Crypto portfolio financial reporting
- Crypto tax software – set up, configuration, issue resolution (Koinly, Cryptotaxcalculator + many more)
- Capital gains and income tax reporting
- Crypto accounting on Xero
- NFT & GameFi tax advice
- Corporate structure
- Corporate adoption strategy consulting, education, future-proofing
We work with traders, SMEs, trading and consulting companies, blockchain VC funds, blockchain social enterprise projects, NFT creators, gamers and individual investors, as well as collaborating on various software projects; setting up systems, connecting wallets and exchanges to reporting tools, building bespoke data capture systems and configuring the end-to-end data flow processes through to accounting software such as Xero.
We are currently partaking in various consultative initiatives, feeding opinion into the FCA on development of regulation in the UK crypto sector.