Crypto and Digital Assets
Crypto is an area of increasing interest to HMRC and care is needed to ensure that you report your activity correctly, and certainly don't fail to report it at all.
From day one, our tax specialists can help you tackle your reporting so you don't get caught out. The rules around crypto and digital asset reporting are not straightforward and data from HMRC suggests that most crypto and digital asset users do not have financial advisors. Our specialists are up-to-date on the latest reporting methods and will ensure you are reporting correctly.
HMRC is cracking down on unreported income and gains by sending out 'nudge' or 'One to Many' letters and opening enquiries. Working together we will ensure your reporting is up- to-date before a letter may arrive, giving you the best starting point when dealing with HMRC.
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