Accounting

Crypto Tax · South West London

Crypto tax returns in Furzedown

If you have bought, sold, swapped, staked or been airdropped crypto from Furzedown, 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 West 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 Furzedown

Individuals in Furzedown 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 Furzedown, 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

The IGI way of working, in Furzedown

No hourly rate and no surprise invoice. Furzedown clients know the fee for crypto tax before they send a single document, and it stays fixed.

We work to the HMRC and Companies House calendar, not an appointment diary. Clients in Furzedown get reminders at 60, 30 and 7 days before each date that applies to crypto tax.

We serve Furzedown 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 Furzedown and knows the file, so you are not re-explaining your business to a different helpdesk each time.

Plain English, with the numbers. Every draft for Furzedown comes with a short explanation of what the figures mean and what, if anything, you should do about them.

You stay in control of crypto tax: drafts go to Furzedown clients first, with the figures explained, and nothing leaves us until you say so.

Local facts

About Furzedown

Furzedown is in South West London, within Wandsworth, in the SW17 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
Tooting Graveney0.1 miS
Streatham Park0.4 miE
Graveney, Wandsworth0.4 miW
Tooting0.7 miW
Tooting Broadway0.7 miW
Tooting Bec0.8 miN
Streatham Vale0.9 miSE
Upper Tooting1.0 miN

Worth knowing

Rules that come up in this work

Switching accountants

The main reasons people switch accountant are surprise invoices, missed deadlines and not understanding what they are being told. Switching involves a clearance letter between the firms, a transfer of records and agent authorisations, and a short handover of the current position. It takes about two weeks and should cost nothing extra.

Closing a company

A solvent company that has finished its purpose can be dissolved by voluntary strike-off: form DS01 with a £13 Companies House fee, after three months without trading and with all debts paid, final accounts and tax return filed, and assets distributed. HMRC objects to any application where returns or tax are outstanding, so the sequence matters more than the form.

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.

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.

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.

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.

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.

Questions

Crypto Tax questions from Furzedown

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.

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 Furzedown?

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

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

Yes. The fee published on this page is what a client in Furzedown 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.

Ready to fix your fee in Furzedown?

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