Accounting

Crypto Tax · South East London

Crypto tax returns in Bromley North

If you have bought, sold, swapped, staked or been airdropped crypto from Bromley North, you probably have something to report even if you never converted to pounds. Swapping one token for another is a disposal. We untangle the history, apply the rules and tell you the figure, for a published fee that covers South East London and the rest of the UK alike.

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 Bromley North

Individuals in Bromley North 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 Bromley North, step by step

  1. Tell us your situation

    A short message or call about what you do and what needs filing. We ask the questions that determine the right package and nothing more.

  2. Fixed fee in writing

    You receive one price for the work, confirmed by email before anything starts. It does not change if the job takes longer than we expected.

  3. Send records, review the draft

    Records come by WhatsApp or email. We prepare the draft, explain the figures in plain English and answer your questions.

  4. We file, you get the receipts

    Once you approve and the fee is settled, we submit electronically and forward the HMRC or Companies House acknowledgement the same day.

Why IGI

What you get in Bromley North

One fixed fee for crypto tax in Bromley North, agreed in writing before any work starts and never changed part-way through the job, however long it takes us.

Nothing for Bromley North 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.

No appointments, no travel across South East London, no parking. Everything for crypto tax in Bromley North happens online, with a real person on the other end during UK working hours.

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

We explain crypto tax in the words Bromley North business owners use, not in accountant's shorthand, and we show our working so you can check it.

Nothing is filed for Bromley North 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 Bromley North

Bromley North is in South East London, within Bromley, in the BR1 postcode district, England. Income tax in England follows the UK rates: 20% basic to £50,270, 40% higher to £125,140 and 45% additional, with the personal allowance of £12,570 tapered away above £100,000. National Insurance, VAT and Corporation Tax are UK-wide, and Stamp Duty Land Tax applies to property purchases.

Nearby places we also serve for crypto tax
PlaceDistanceDirection
Bromley Town0.4 miS
Bromley, South East London0.5 miS
Bromley South0.6 miS
Plaistow and Sundridge0.6 miN
Widmore0.7 miSE
Sundridge, Bromley0.7 miN
Shortlands0.9 miW
Bickley, Bromley1 miSE

Worth knowing

Rules that come up in this work

Confirmation statements and identity verification

Companies House has tightened its requirements under the Economic Crime and Corporate Transparency Act: every company needs a registered email address and an appropriate registered office, every statement includes a lawful-purpose declaration, and every director and PSC must verify their identity. The confirmation statement, due annually with a £50 fee, is where most of this is confirmed.

CIS deductions

CIS turns construction subcontractors into advance taxpayers: a fifth of every labour payment goes to HMRC before they see it. Registering keeps the rate at 20% rather than 30%; gross payment status, for established businesses with a clean record, removes deductions altogether. The annual return is where the overpayment comes back, and filing it early brings the refund sooner.

Late filing penalties

Penalties are the clearest reason to work to deadlines. A Self Assessment return one day late costs £100 regardless of whether any tax is due; three months late adds £10 a day. Late company accounts start at £150 and reach £1,500, and double if the previous year was also late. None of this is negotiable afterwards except through a narrow reasonable-excuse appeal.

Crypto records and reporting

Crypto tax splits into capital gains on disposals and income on rewards, with different rates and different reporting. The £3,000 annual exempt amount and the 18% and 24% rates apply to gains; staking, mining and airdrop income is taxed at marginal income tax rates. HMRC's nudge letters to holders have increased sharply, and a voluntary disclosure before one arrives is treated far more leniently.

Making Tax Digital for Income Tax

The biggest change to Self Assessment in a generation is Making Tax Digital for Income Tax, now live for higher-earning sole traders and landlords and arriving for the rest in stages. Quarterly updates are due by 7 August, 7 November, 7 February and 7 May, built from digital records. The practical consequence is that spreadsheet-and-shoebox bookkeeping is ending for anyone above the threshold.

The 60-day property CGT return

The 60-day Capital Gains Tax return on residential property is the deadline landlords most often miss, because it falls outside the Self Assessment cycle and runs from completion, not exchange. Private residence relief for periods you lived in the property, plus the final nine months, reduces the gain. Penalties for a late return mirror Self Assessment, starting at £100.

The Self Assessment calendar

Self Assessment runs on a fixed annual cycle. Registration by 5 October following the tax year, online filing and payment by 31 January, and a second instalment on 31 July for those making payments on account. The penalties for lateness are automatic and escalate monthly, which is why we file early and chase approvals well before the window closes.

Questions

Crypto Tax questions from Bromley North

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.

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 is the fee set?

By transaction count. Up to 500 transactions across all exchanges and wallets is £199 for the report alone or £279 with your Self Assessment filed. Over 500 is £399. A response to an HMRC nudge letter, including the report and the reply, is £249. We confirm the band from your exports before starting.

I received an HMRC letter about crypto. What should I do?

Do not ignore it and do not reply without the figures. HMRC's nudge letters are sent where exchange data suggests undeclared activity. We prepare the full report, work out what should have been declared, and draft the response, including a voluntary disclosure where tax is owed, which reduces penalties substantially compared with being caught.

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.

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.

Do you have an office in Bromley North?

No. IGI Accounting is an online-only firm. We serve Bromley North 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 Bromley North as anywhere else in the country, and why there is nothing to visit and nothing to print.

Is crypto tax in Bromley North really the same price as elsewhere?

Yes. The fee published on this page is what a client in Bromley North pays and what a client in any other part of England 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.

One message from Bromley North, one fixed price

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