Most general accountants will not touch crypto. It moves fast, and the records get messy, which is why we built Vexo Accounting around this one area. As a crypto accountant UK clients rely on, we handle the tax side so you do not have to guess.

We work with buy-and-hold investors, active traders, DeFi users, miners and crypto businesses, whether they have a handful of transactions or tens of thousands across multiple blockchains, and we build a clean, accurate record HMRC can rely on.

Crypto taxation in the UK has moved fast, and we keep pace with every change. If you want a second opinion on crypto tax advice already given, we are happy to review it.

Our crypto tax specialists have handled cases covering everything from a single accidental disposal to portfolios worth six figures.

A few reasons clients pick us over a generalist accountant:

• We only take on crypto and digital asset work, so we are not learning on your file.
• We use dedicated crypto tax software to pull data from exchanges and wallets, not a spreadsheet built by hand.
• We explain your tax position in plain English, not jargon.

If you have had a bad experience with an accountant who underquoted, missed a deadline, or got your capital gains wrong, talk to us. We will tell you honestly what your tax position looks like before you commit, and we provide tax advice you can act on.

Not every firm calling itself a crypto accountant has real crypto tax accountants on staff, so ask about hands-on experience before committing. As specialist accountants for digital assets, we keep across HMRC updates so you do not have to, focusing only on crypto asset tax assistance rather than treating it as a side service. Crypto tax guidance changes often, and we always apply the current rules, not last year's.

Below is a snapshot of the crypto transactions and crypto tax work we handle across the UK. If your situation is not listed here, ask us; there is a good chance we have seen it before.

Capital Gains Tax On Crypto Disposals, Swaps And Sales

Selling crypto for pounds is not the only taxable event. Swapping one coin for another can also trigger Capital Gains Tax, even if you never touched a bank account. We calculate capital gains tax on every disposal and keep a clear trail behind each figure. Where the numbers sit close to the annual exempt amount, our capital gains tax calculations can help you decide whether to bank a gain this tax year or the next.

We also calculate gains and losses on crypto transactions you might not think of as a sale, such as spending crypto directly. Where you have made a loss through a failed exchange, a scam, or a worthless token, we look at whether tax relief can be claimed.

If you trade often and at real volume, HMRC may view you as running a trading business rather than simply investing, which changes whether Income Tax or Capital Gains Tax applies to your crypto trading activity. We look at how organised your crypto activity is and classify you correctly as a crypto investor or a trader before we calculate anything, which is one of the most common mistakes in self-prepared returns.

Staking, Mining, DeFi And Other Crypto Income

Staking rewards, mining income, airdrops, and DeFi yield can fall under Income Tax rather than Capital Gains Tax, depending on how you received them, and Income Tax can also apply to airdrops received for a service. We look at liquidity pools, lending, borrowing, wrapped tokens, and gas fees, classifying each type of crypto income correctly so you are not taxed twice or taxed the wrong way.

Cryptocurrency tax guidance for staking and mining is still evolving, and HMRC's guidance has shifted more than once, so we keep your cryptocurrency tax filing matched to the latest rules, not last year's. This is one of the most common reasons new clients come to us in January, wanting help with their cryptocurrency tax obligations before a deadline forces the issue. If mining or trading has grown into a business rather than a hobby, we advise on how that changes your tax treatment.

Crypto Businesses, Payroll, NFTs And Corporate Tax

If your business holds crypto assets, accepts crypto payments, or pays staff in tokens, we handle your bookkeeping, management accounts, year-end accounts and Corporation Tax. Businesses that accept crypto still need to record each transaction's value in pound sterling at the time, which we build into your normal accounting rather than leaving as an afterthought. Crypto holdings also need to sit properly on your balance sheet, and we check whether VAT applies and identify the correct tax point where crypto pays for goods or services.

Businesses that accept crypto often ask us for tax advice on both Corporation Tax and VAT, since the two overlap. On top of corporate tax work, we support crypto businesses with accounting services, from bookkeeping to management accounts. Our accounting services also cover payroll where staff are paid partly in tokens, plus ongoing accounting support throughout the year.

We also support NFT creators and traders, covering minting costs, royalties, marketplace fees, and the difference between investment activity and a trading business. If your business keeps crypto funds separate from its main bank account, we help keep that split clean for bookkeeping and audit support.

Multi-Wallet Reconciliation, International Crypto And CARF Preparation

Using an overseas exchange does not remove your UK tax obligations if you are a UK tax resident. We reconcile transactions across wallets and exchanges, match up duplicate or missing entries, and separate genuine disposals from simple transfers between your own wallets, which are not taxable events. This is where accurate transaction records matter most. We keep detailed records of crypto assets across every wallet, reconcile crypto data pulled directly from exchanges, cross-check it against blockchain records, and flag any reporting errors before they reach your tax return.

Meeting your crypto tax obligations does not have to mean hours of spreadsheet work. We also handle crypto reporting for CARF purposes, matching your figures against what exchanges must now send HMRC directly, part of the new Cryptoasset Reporting Framework covered further down this page.

For a straightforward personal tax return covering a few hundred transactions, most UK crypto accountants charge between £250 and £750. A large crypto portfolio, thousands of transactions, or income from DeFi and staking on top of regular trading typically pushes costs to £1,000 to £1,500. Crypto businesses needing bookkeeping, year-end accounts and Corporation Tax support tend to start from around £2,000, depending on transaction volume and business size. Many crypto tax advisors only deal with simple buy and sell activity, but our team also covers DeFi, NFTs and business accounts. Some accountants work as a tax advisor on a purely hourly basis, usually £100 to £300 an hour, with no fixed number to plan around. We would rather act as your tax advisor with a clear fixed fee, agreed before we start.

Based on our own recent projects, most individual clients land in the £300 to £750 range, and most business clients land between £1,500 and £3,000 a year. The price is a rough guide, and the actual cost varies depending on your transaction volume, how many exchanges and wallets you use, and how clean your records already are. Get in touch, and we will give you an accurate, fixed-fee quote.