Crypto Tax · West Midlands
Crypto tax returns in Redditch
Crypto tax in Redditch 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 Redditch
Individuals in Redditch 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 Redditch, step by step
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.
Agree the price
The fee is confirmed in writing. There is no hourly billing and nothing added for questions during the work.
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.
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
The IGI way of working, in Redditch
One fixed fee for crypto tax in Redditch, agreed in writing before any work starts and never changed part-way through the job, however long it takes us.
We work to the HMRC and Companies House calendar, not an appointment diary. Clients in Redditch get reminders at 60, 30 and 7 days before each date that applies to crypto tax.
No appointments, no travel across West Midlands, no parking. Everything for crypto tax in Redditch happens online, with a real person on the other end during UK working hours.
A named person handles your crypto tax from Redditch and knows the file, so you are not re-explaining your business to a different helpdesk each time.
The output for Redditch 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 Redditch 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 Redditch
Redditch is in West Midlands, in the B97 postcode district, England. For businesses in England the tax rules are those set by the UK Parliament: the 20/40/45% income tax bands, Class 4 National Insurance for the self-employed at 6% and 2%, Corporation Tax at 19% to 25%, and Stamp Duty Land Tax on property. Business rates are set locally by the council.
| Place | Distance | Direction |
|---|---|---|
| Smallwood, Redditch | 0.2 mi | SE |
| St Georges | 0.3 mi | E |
| Southcrest | 0.5 mi | SW |
| Bridley Moor | 0.6 mi | W |
| Lodge Park | 0.6 mi | SE |
| Riverside, Redditch | 0.6 mi | NE |
| Bordesley, Redditch | 0.7 mi | NE |
| Batchley | 0.7 mi | W |
Worth knowing
Rules that come up in this work
CIS deductions
Under the Construction Industry Scheme, contractors deduct 20% from a registered subcontractor's labour invoices, or 30% if unregistered, and pay it to HMRC. The subcontractor reclaims the deductions against their actual tax through Self Assessment, usually producing a refund because deductions are on turnover while tax is on profit. Contractors file a monthly return by the 19th.
Confirmation statements and identity verification
Every company must file a confirmation statement at least once a year, within fourteen days of its review date, with a £50 Companies House fee. Since November 2025 directors and people with significant control must also verify their identity with Companies House, and the confirmation statement is where existing officers confirm they have done so during the transition year.
Director's loan accounts
Money taken from a company has to be something: salary, dividend, expense reimbursement or loan. If it is a loan and remains outstanding nine months after the year end, the company pays tax at the dividend higher rate on it until it is repaid. Clearing the balance with a properly declared dividend before the deadline, where reserves allow, is routine year-end work.
Salary versus dividends
Paying yourself from a company involves two routes with different tax treatment. Salary through payroll is a company expense and builds a National Insurance record; dividends come from post-tax profit at lower personal rates. Undocumented drawings that are neither become director's loans, with a 35.75% section 455 charge if not repaid within nine months of the year end.
Corporation Tax rates and marginal relief
Since April 2023 there have been two Corporation Tax rates, 19% small profits and 25% main, with marginal relief smoothing the transition between £50,000 and £250,000 of profit. The band is where planning matters: each pound of profit in it is taxed at an effective 26.5%, so pension contributions and capital expenditure timed to keep profit below £50,000 are worth more than they look.
The VAT registration threshold
The £90,000 VAT threshold is measured over any twelve consecutive months, which is why a strong quarter can tip a business over unexpectedly. Registration must follow within thirty days of the end of the month the threshold was crossed. Below the threshold, voluntary registration is worth considering when customers are VAT-registered businesses and costs carry VAT.
Making Tax Digital for Income Tax
MTD for Income Tax replaces one annual return with quarterly digital updates and a year-end declaration, submitted from software. The threshold is gross trading and property income, measured two years earlier, and started at £50,000 in April 2026 before falling to £30,000 in April 2027. Anyone affected needs digital record keeping in place before their start date, not after.
Questions
Crypto Tax questions from Redditch
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.
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.
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.
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.
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 crypto tax in Redditch really the same price as elsewhere?
Yes. The fee published on this page is what a client in Redditch 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.
Do you have an office in Redditch?
No. IGI Accounting is an online-only firm. We serve Redditch 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 Redditch as anywhere else in the country, and why there is nothing to visit and nothing to print.
Start the conversation from Redditch
Tell us what you need. You get one fixed fee in writing, and nothing is filed until you approve it.