Crypto Tax · North West London
Crypto tax returns in Fryent
Crypto tax reports for investors and traders in Fryent, built from your full exchange and wallet history and computed under HMRC's pooling rules. Up to 500 transactions is £199, with the Self Assessment filed for £279. The fee is fixed before we start and identical in Fryent and everywhere else in England.
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 Fryent
Individuals in Fryent 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 Fryent, step by step
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.
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.
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.
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 Fryent
One fixed fee for crypto tax in Fryent, agreed in writing before any work starts and never changed part-way through the job, however long it takes us.
Nothing for Fryent 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.
We serve Fryent remotely by design: records by WhatsApp or email, drafts back for approval, filing electronic. The saving on premises is passed to you in the fee for crypto tax.
A named person handles your crypto tax from Fryent and knows the file, so you are not re-explaining your business to a different helpdesk each time.
The output for Fryent 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.
Approval before filing is a rule, not a courtesy. For crypto tax in Fryent, every submission to HMRC or Companies House follows your written go-ahead.
Local facts
About Fryent
Fryent is in North West London, within Brent, in the NW9 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.
| Place | Distance | Direction |
|---|---|---|
| Kingsbury, Brent | 0.6 mi | W |
| The Hyde, Barnet | 1 mi | E |
| West Hendon | 1 mi | E |
| Welsh Harp | 1 mi | S |
| Colindale | 1 mi | NE |
| Queensbury, Brent | 1 mi | NW |
| Brent | 1 mi | S |
| Wembley Park | 1 mi | SW |
Worth knowing
Rules that come up in this work
Confirmation statements and identity verification
The confirmation statement is the annual check that the public register is right: officers, registered office, SIC codes, shareholders and the PSC register. It carries a £50 fee and no financial penalty for lateness, but failure to file leads to compulsory strike-off. The identity verification regime introduced in November 2025 has added a further check to every statement.
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.
The Self Assessment calendar
The tax year runs from 6 April to 5 April. Anyone new to Self Assessment must register by 5 October after the end of the tax year in which their untaxed income began. The online return and the balancing payment are due by 31 January, with a second payment on account on 31 July where they apply. Paper returns have an earlier deadline of 31 October and are rarely sensible.
Payments on account
A common surprise in Self Assessment is the January payment that is far larger than expected. That is the balancing payment for the year just ended plus the first payment on account for the year ahead, which HMRC sets at half of the bill just calculated. We put the figure in your hands months ahead and tell you how to adjust it legitimately when circumstances change.
Late filing penalties
Lateness is expensive in a way that compounds. For individuals, £100 immediately, then daily penalties, then percentage-based ones at six and twelve months, with interest running on unpaid tax throughout. For companies, Companies House penalties scale with delay and double on repeat, and HMRC adds its own for a late CT600. Filing on time is the cheapest tax planning there is.
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 VAT registration threshold
Watching the rolling twelve-month turnover figure is one of the quiet jobs of monthly bookkeeping, because the £90,000 VAT threshold arrives silently. Crossing it brings quarterly returns, Making Tax Digital software and a decision about schemes. Crossing it late brings a bill for VAT you could not recover from customers and a penalty for failing to notify.
Questions
Crypto Tax questions from Fryent
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.
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 pay tax if I never cashed out to pounds?
Usually yes. Swapping one cryptoasset for another, spending crypto on goods or services, and gifting it to anyone other than a spouse are all disposals for Capital Gains Tax, valued in sterling at the time. Only moving coins between your own wallets is not a disposal. Most people's taxable events are swaps, not sales for cash.
How are gains calculated with so many purchases at different prices?
HMRC requires pooling: all units of the same token form one section 104 pool with an average cost, except that disposals are first matched against purchases on the same day and then against purchases within the following 30 days. We apply these rules across your entire history, which is impossible to do accurately by hand at any volume.
What are the Capital Gains Tax rates and allowance?
The annual exempt amount is £3,000 for 2026/27. Gains above it are taxed at 18% within your basic rate band and 24% above it. Losses in the year are set against gains automatically, and unused losses can be carried forward indefinitely if claimed on a return within four years.
Is staking income a capital gain?
No. Rewards from staking, lending, liquidity provision and most DeFi protocols are income when received, taxed at your income tax rate on the sterling value that day, and reported as miscellaneous income unless your activity amounts to a trade. The tokens then enter your pool at that value for a later capital gain or loss.
Which deadlines matter most for crypto tax?
The next four dates that apply to crypto tax are shown at the top of this page, calculated from today. For Fryent clients we diarise every one of them from the day you join and send reminders before each, so the work is done in good time rather than in the last week before a penalty.
How do I get started from Fryent?
Message us on WhatsApp or email with a sentence about your business and what you need. We reply in working hours with any questions and a fixed fee for crypto tax. Once you confirm, we tell you exactly which records to send and the work begins. Most Fryent clients are set up within a day.
Ready to fix your fee in Fryent?
Tell us what you need. You get one fixed fee in writing, and nothing is filed until you approve it.