Accounting

Crypto Tax · North London

Crypto tax returns in Mill Hill East

Crypto tax reports for investors and traders in Mill Hill East, 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 Mill Hill East 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 Mill Hill East

Individuals in Mill Hill East 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 Mill Hill East, 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

Why Mill Hill East businesses file with IGI

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

Deadline-first: the dates that matter for crypto tax are shown at the top of this page, diarised for every Mill Hill East client and chased before they arrive.

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

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

Plain English, with the numbers. Every draft for Mill Hill East 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 Mill Hill East clients first, with the figures explained, and nothing leaves us until you say so.

Local facts

About Mill Hill East

Mill Hill East is in North London, within Barnet, in the NW7 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
Millbrook Park0.2 miN
West Finchley0.7 miE
Finchley Church End0.9 miSE
Church End, Barnet0.9 miSE
Mill Hill, Barnet1 miNW
Woodside Park1 miNE
Hendon, Barnet1 miS
Finchley1 miSE

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

Voluntary strike-off is available only to solvent companies. One that owes money it cannot pay needs a creditors' voluntary liquidation through a licensed insolvency practitioner, and directors who dissolve an insolvent company face personal consequences. For a solvent company the process takes three to four months from filing the DS01, with notice to creditors and shareholders within seven days.

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

The expenses sole traders most often miss are home working costs, claimed by actual proportion or HMRC's flat rate, the business share of phone and internet, mileage at 45p for the first 10,000 business miles, and training that maintains existing skills. The ones most often claimed wrongly are commuting, entertaining customers and clothes that could be worn outside work.

Crypto records and reporting

Most crypto holders have taxable events they do not recognise, because every swap is a disposal even when no pounds change hands. The computation requires the complete transaction history from every exchange and wallet, pooled by asset with HMRC's matching rules applied. Exchange-generated tax reports are frequently wrong because they cannot see transfers between a user's own wallets.

The 60-day property CGT return

Since April 2020 a gain on UK residential property must be reported and the tax paid within 60 days of completion through HMRC's dedicated service, separately from the annual return. Non-residents must report all UK land disposals in the same window whether or not tax is due. Getting the computation right first time matters because the figure is then carried into the Self Assessment.

Dormant companies

Companies formed to protect a name or hold a future business are dormant but not exempt: Companies House still expects dormant accounts within nine months of the year end and a confirmation statement annually with its £50 fee, and HMRC must be told the company is dormant or it will demand Corporation Tax returns. The filings are short, but the penalties for missing them are the same as for a trading company.

Questions

Crypto Tax questions from Mill Hill East

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 Mill Hill East 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 Mill Hill East?

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 Mill Hill East clients are set up within a day.

One message from Mill Hill East, 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