Cryptocurrency Tax & Accounting Services

123Financials provides specialized cryptocurrency tax and accounting services for UK-based crypto investors, traders, and businesses. Their expert crypto accountants help clients navigate the complexities of UK cryptocurrency taxation, ensuring full HMRC compliance while optimizing tax liabilities.

What's Included

• Crypto reconciliations and transaction tracking across multiple wallets and exchanges
• Capital Gains Tax (CGT) calculations for crypto disposals
• Mining income and staking rewards tax reporting
• DeFi transaction tax treatment (yield farming, liquidity provision, lending)
• NFT taxation for creators, traders, and collectors
• Crypto-to-crypto transaction tax implications
• Hard fork and airdrop tax treatment
• HMRC audit and investigation assistance
• VAT guidance for crypto-related goods and services

Tax Optimization Services

• Identification of all eligible tax reliefs and allowances
• Strategic tax planning to minimize liabilities legally
• Proper utilization of capital gains tax annual exemptions
• Guidance on offsetting crypto losses against other income
• Tax-efficient withdrawal and profit-taking strategies
• Year-end tax position reviews and planning

Target Clients

This service is designed for cryptocurrency investors, active traders, DeFi users, NFT creators and collectors, crypto businesses, and anyone holding digital assets who needs to report to HMRC. Starting from just GBP 25 + VAT per month, clients get access to ICAEW-regulated accountants with deep crypto expertise, cloud-based accounting software, and proactive support with regular check-ins.