Accounting

Crypto Tax · Wales

Crypto tax returns in Bridgend

Crypto tax in Bridgend done by accountants who understand pooling, DeFi and the difference between a capital gain and miscellaneous income. The £199 report covers up to 500 transactions; high-volume traders with more are £399; a response to an HMRC nudge letter is £249. Nothing is filed until you have reviewed and approved every figure.

from £199 · fixed, per report

Next deadlines

  • Online Self Assessment filing deadline and balancing payment due
  • Tax year ends: last day for pension, ISA and dividend timing decisions
  • Second payment on account due
  • Register for Self Assessment if you started self-employment or new untaxed income in the last tax year

Who this is for

Crypto Tax for Bridgend

Individuals in Bridgend who hold or have held cryptoassets: long-term investors with a few disposals, active traders with thousands of swaps across several exchanges, people earning staking or lending yield, NFT buyers and sellers, those who received airdrops or forks, anyone who has had an HMRC nudge letter, and people with losses from collapsed exchanges or rug-pulled tokens to claim.

What is included

Everything inside the fixed fee

  • Transaction history imported from exchanges and wallets, with transfers between your own wallets matched and excluded
  • Capital gains computed under HMRC's section 104 pooling, same-day and 30-day rules for every token
  • Staking, mining, airdrop, lending and DeFi income identified and reported as miscellaneous or trading income
  • Losses calculated and claimed, including negligible value claims for worthless or lost tokens
  • A report you can keep: disposals, proceeds, allowable costs, gains, losses and the pool position for each asset
  • Self Assessment capital gains pages and income pages completed and filed in the £279 package

How it works

Crypto Tax from Bridgend, step by step

  1. Scope the job

    We find out what you need filed, when it is due and what state the records are in, and tell you which fixed-fee package applies.

  2. Agree the price

    The fee is confirmed in writing. There is no hourly billing and nothing added for questions during the work.

  3. Hand over the records

    Photographs, PDFs, software access or a spreadsheet, sent however suits you. We confirm what we have and what is missing within two working days.

  4. Approve, then we submit

    You review the draft with our explanation, sign off, and we file. Receipts, copies and the next deadlines come back to you immediately.

Why IGI

What you get in Bridgend

The price for crypto tax is published on this page and is what a client in Bridgend pays. We confirm it in writing first, and the invoice matches the quote.

Nothing for Bridgend is left to the last week. Each deadline relevant to crypto tax is tracked from the day you join, with the next four shown on every page we send you.

Online only, UK based. There is no office in Bridgend to pay for, which is why the fee is the same here as anywhere in Wales; the work is done by people in the UK who answer the same day.

You get one contact for crypto tax, not a queue. Bridgend clients message the same person throughout and get an answer in working hours, usually within a few hours.

The output for Bridgend clients is never just a form. It is the form, a one-page summary of what it says, and a note of the decisions it points to for crypto tax.

Nothing is filed for Bridgend until you have reviewed and approved it. You see the draft, you ask questions, you sign off, then we submit and send you the receipt.

Local facts

About Bridgend

Bridgend is in Wales, in the CF31 postcode district, Wales. Businesses in Wales file with the same HMRC and Companies House as England, and for now the Welsh rates of income tax equal the English ones, though the Senedd can vary them. The practical differences are Land Transaction Tax on property and Welsh-specific business support schemes, and company names and documents may be in Welsh.

Nearby places we also serve for crypto tax
PlaceDistanceDirection
Tremains0.1 miNE
Pen-y-bont ar Ogwr0.2 miNW
Newcastle, Bridgend0.4 miW
Ystrad Fawr0.6 miW
Whiterock, Wales0.6 miS
Oldcastle, Wales0.7 miSW
Quarella0.8 miN
Hernston0.9 miS

Worth knowing

Rules that come up in this work

The trading and property allowances

The first £1,000 of trading income and, separately, the first £1,000 of property income each year is tax free under the trading and property allowances. Below those figures no return is needed for that income. Above them you can deduct the £1,000 allowance instead of actual expenses if that is better, which suits side businesses and single-room lets with few costs.

Dormant companies

A dormant company is one with no significant accounting transactions in the year, where the only permitted entries are the payment for shares on incorporation, Companies House fees and penalties. It still files a confirmation statement and simplified dormant accounts every year. A bank charge or an accountant's fee paid from the company ends dormancy and requires full accounts.

Workplace pensions and auto-enrolment

Workplace pension compliance is part of payroll, not separate from it. Each pay period the payroll assesses who is eligible, calculates employer and employee contributions on qualifying earnings between the lower and upper thresholds, and sends the contribution file to the scheme. The minimum total is 8%, and many employers choose to contribute more as a recruitment advantage.

Employer National Insurance

Since April 2025 employer National Insurance has been 15% on earnings above a £5,000 secondary threshold, a substantial increase for small employers. The Employment Allowance rose to £10,500 at the same time to soften it for the smallest businesses. Directors deciding their own salary weigh this cost against the Corporation Tax deduction a salary provides.

Allowable expenses

An expense is allowable against trading profit if it is incurred wholly and exclusively for the business. Materials, business travel other than ordinary commuting, a proportion of home running costs, software, insurance, professional fees, bank charges and protective clothing qualify. Client entertainment, ordinary clothing, fines and the private share of mixed-use costs do not.

Record keeping

Good records are the difference between a quick enquiry and a long one. For the self-employed, five years after the filing deadline; for companies, six years from the year end; for VAT, six years. Photographs of receipts, PDF statements and software exports all count. The requirement is to keep records, not paper, and a well-organised cloud folder satisfies it.

The 60-day property CGT return

Selling UK residential property that was not your main home for the whole period of ownership triggers a separate Capital Gains Tax return, due within 60 days of completion along with payment of the tax. This is in addition to the annual Self Assessment. The gain is taxed at 18% or 24% depending on your income band, after the £3,000 annual exempt amount.

Questions

Crypto Tax questions from Bridgend

What if I am a trader rather than an investor?

HMRC rarely accepts that an individual is trading in crypto; the bar is very high and the badges of trade must be met. If you are trading, profits are income and losses are trading losses. For almost everyone the capital gains treatment applies, and we tell you plainly which side of the line you are on.

How far back do I need to go?

The pool cost of what you hold today depends on every purchase you have ever made, so the computation must start from your first transaction even if you only need to report recent years. If earlier years were under-reported, we quantify the position and advise on disclosure, which HMRC treats far more leniently than discovery.

Are NFTs treated the same as coins?

Each NFT is a separate asset, so pooling does not apply; the gain is proceeds less the cost of that specific token including gas fees. Creating and selling NFTs regularly may be trading income rather than capital gains. Royalties received are income. We classify each case from the facts.

Do I need to register for Self Assessment just for crypto?

If your total disposals exceed £50,000 in the year, or your gains exceed the £3,000 allowance, or you have taxable crypto income, yes. Register by 5 October after the tax year. Since 2024/25 the return has a dedicated section for cryptoassets. We handle registration where you are not already filing.

What do you need from me?

Full transaction exports from every exchange you have used, including closed accounts, and wallet addresses for on-chain activity. Partial history produces wrong pool costs, so completeness matters more than tidiness. We tell you exactly how to export from each major platform.

My exchange collapsed and I lost everything. Can I claim the loss?

Possibly. If the tokens still exist but you cannot access them, a negligible value claim may be available once the asset is effectively worthless. If the exchange is in administration you may need to wait for the outcome. We assess each case against HMRC's guidance and make the claim where it is supportable.

Is crypto tax in Bridgend really the same price as elsewhere?

Yes. The fee published on this page is what a client in Bridgend pays and what a client in any other part of Wales pays. It is confirmed in writing before work starts and the invoice matches the quote. Where a higher package applies because your situation is more complex, we say so at the quote stage, never afterwards.

Do you have an office in Bridgend?

No. IGI Accounting is an online-only firm. We serve Bridgend and every other UK postcode remotely, with records sent by WhatsApp or email and everything filed electronically. The absence of local premises is why the fee for crypto tax is the same in Bridgend as anywhere else in the country, and why there is nothing to visit and nothing to print.

Fixed fees, filed on time, for Bridgend

Tell us what you need. You get one fixed fee in writing, and nothing is filed until you approve it.

WhatsApp for a fixed quote