Crypto Tax & Accounting Services

Specialized crypto accounting and tax services for Web3 companies, blockchain startups, crypto-native businesses, and individual cryptocurrency investors, providing comprehensive support from bookkeeping through to complex international tax structuring and compliance.

Business Accounting Services

UK GAAP Accounting: Crypto accounting and bookkeeping services under UK Generally Accepted Accounting Practice for UK-registered entities, including proper treatment of crypto assets on balance sheets and revenue recognition for token-based business models.

IFRS Accounting: Crypto accounting and bookkeeping services for offshore entities under International Financial Reporting Standards, ensuring compliance with global accounting standards for multinational Web3 companies.

Management Accounts: Preparation of detailed management accounts for founders, board members, and investors, providing clear visibility into financial performance including crypto asset valuations and token economics.

Business Tax Services

Corporation Tax Filing and Planning: Comprehensive corporation tax compliance and advisory services for crypto-native entities, including optimization strategies specific to digital asset businesses.

Income Tax and National Insurance: Expert guidance on crypto compensation structures, token allocations, and employee benefits, ensuring proper treatment of token-based remuneration for tax and NI purposes.

VAT Advisory: Specialized VAT advice on recoverability of input VAT and implications of VAT on specific crypto services, including exchange services, wallet provision, and blockchain infrastructure.

Tax Report Preparation: Comprehensive tax reporting for fundraising rounds and due diligence processes, providing investors and acquirers with clear understanding of tax positions and liabilities.

R&D Tax Credits: Assistance with claiming Research & Development tax credits for Web3 builders developing innovative blockchain solutions and protocols.

Strategic Advisory for Web3 Companies

International Tax Structuring: Sophisticated international tax structuring for token issuances, protocol launches, and founder relocations, optimizing global tax efficiency while maintaining compliance.

DAO Structuring: Expert advice on decentralised structure design, including DAO wrapper entities, governance token taxation, and treasury management, helping protocols navigate the complex tax implications of decentralization.

Token Valuations: Professional valuations of tokens for tax, accounting, and regulatory purposes, using methodologies appropriate for different token types and use cases.

Employee Token Incentive Schemes: Design and implementation of tax-efficient token allocation and vesting structures for founders and employees, including navigating EMI scheme eligibility for token-based compensation.

Individual Crypto Tax Services

TaxSync Platform: Andersen's proprietary personalised bookkeeping solution for crypto traders, maintaining crypto data in real-time to understand net wealth and latent crypto gains or losses. This platform provides traders with continuous visibility into their tax position.

Self-Assessment Tax Return Preparation: Complete preparation of self-assessment tax returns for individuals with crypto gains, ensuring accurate reporting of all taxable cryptocurrency transactions to HMRC.

Capital Gains Tax Calculations: Expert calculation and planning for capital gains tax on crypto trading activities, including optimization strategies to reduce overall tax liability within HMRC guidelines.

Income Tax Reporting: Comprehensive income tax reporting for staking rewards, mining income, NFT sales, and other cryptocurrency income sources, ensuring proper characterization and reporting.

Proactive Tax Planning: Forward-looking personal tax planning strategies to reduce overall tax liability, including timing of disposals, use of allowances, and structuring of crypto holdings.

Compliance Advisory: Expert crypto tax advice to avoid penalties and ensure full compliance with HMRC requirements, including guidance on record-keeping obligations and reporting thresholds.

Why Andersen for Crypto Accounting

HMRC considers cryptocurrency as property for tax purposes, meaning various transactions can trigger taxable events even if crypto hasn't been converted to fiat. Traditional accountants often lack the technical understanding required to handle complex cryptocurrency transactions. Andersen's specialists combine tax expertise with deep knowledge of blockchain technology and crypto markets.

Andersen's team includes specialists with deep sector experience and genuine passion for the crypto industry. Partners Zoe Wyatt and Ben Lee co-authored the definitive Cryptoasset Taxation book and are recognized as leading voices in international crypto tax law. The firm provides fractional CFO services to well-known protocols and platforms, combining financial expertise with operational support.

Target Clients

Web3 companies, blockchain startups, DAO organizations, protocol developers, individual crypto investors, active traders, DeFi portfolio managers, NFT collectors with significant holdings, and high net worth individuals with complex crypto positions across multiple wallets and exchanges.