UHY Ross Brooke Chartered Accountants

Tag: tax and accounting specialist for bitcoin and crypto

crypto specialist accountants

HMRC announce new disclosure campaign for crypto assets

HMRC recently launched a new campaign targeted at crypto investors as part of a crackdown on tax evasion. They have introduced a new disclosure and payment service for taxpayers to voluntarily disclose and pay any unpaid taxes associated with cryptoassets. Cryptoassets (also known as tokens or cryptocurrencies) include exchange tokens

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crypto & nft tax advice

Common Mistakes in Cryptotax Filings and How to Avoid Them

Cryptocurrencies have disrupted the financial world and have led to much discussion about taxation. While it’s exciting to be part of this financial revolution, it’s equally essential to keep the taxman satisfied. And that’s where many crypto enthusiasts make costly mistakes. By Joshua Pearce – Crypto Tax Specialist Why cryptotax

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crypto assets regulation

Advanced Cryptotax Planning in the UK

The crypto world is bursting with perplexing technicalities and regulations. So let’s break things down and simplify the complex terrain of cryptotax planning in the UK. By Joshua Pearce – Crypto Tax Specialist Introduction to Cryptotax What is Cryptotax? Every time you get a crypto asset (sell, trade, or earn

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crypto specialist accountants

Self assessment for crypto investors

Crypto investors may need to declare their income tax by filing a self assessment tax return, but how can you minimise how much tax you will have to pay? You could consider: Crypto tax can be very complicated and it’s worth taking professional advice from a crypto tax accountant. If

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crypto tax advice

Tax implications of crypto staking and lending in the DeFi world

The possibilities offered by de-fi seems to be virtually endless, but two very popular areas have been crypto staking and lending. By Chris Davies These come in various flavours but the underlying common theme is that these typically have offered returns, well above those offered by traditional banks and lenders.

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crypto pizza day

World’s most expensive pizza? Or worst mistake ever?

Homer Simpson would be holding his head at this mistake, with Doh! or even Dough! an inadequate response. What’s Bitcoin Pizza Day? In 2010, Bitcoin and cryptocurrency were hardly spoken of, and few people could have foreseen their future. Laszlo Hanyecz from Florida is one unlucky man. On May 22

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crypto tax accountant business startup

Should I incorporate my crypto trading activities?

Should I incorporate my crypto trading business? As a firm of crypto specialist accountants, that is a question we are being asked more and more frequently. So how would we go about answering that? Income tax or CGT on crypto trading? Firstly a reminder that in HMRC eyes, individuals who

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