Crypto Tax · East London
Crypto tax returns in South Hornchurch
If you have bought, sold, swapped, staked or been airdropped crypto from South Hornchurch, 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 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 South Hornchurch
Individuals in South Hornchurch 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 South Hornchurch, 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
The IGI way of working, in South Hornchurch
One fixed fee for crypto tax in South Hornchurch, agreed in writing before any work starts and never changed part-way through the job, however long it takes us.
Nothing for South Hornchurch 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 East London, no parking. Everything for crypto tax in South Hornchurch happens online, with a real person on the other end during UK working hours.
You get one contact for crypto tax, not a queue. South Hornchurch 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 South Hornchurch business owners use, not in accountant's shorthand, and we show our working so you can check it.
Nothing is filed for South Hornchurch 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 South Hornchurch
South Hornchurch is in East London, within Havering, in the RM13 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 |
|---|---|---|
| Rainham Village | 0.9 mi | S |
| Elm Park, Havering | 1 mi | N |
| Rainham, Havering | 1 mi | S |
| Beam Park | 1 mi | SW |
| Village Ward | 1 mi | W |
| Old Dagenham | 1 mi | W |
| Eastbrookend | 2 mi | NW |
| Eastbrook, Barking and Dagenham | 2 mi | NW |
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
HMRC treats cryptoassets as property. Swapping one token for another, spending crypto or gifting it are all disposals for Capital Gains Tax, and staking and lending rewards are income. Gains are computed under pooling rules with same-day and 30-day matching. From 2026 HMRC receives data from exchanges worldwide under the Cryptoasset Reporting Framework, so unreported activity is increasingly visible.
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
Employers pay National Insurance at 15% on each employee's earnings above the £5,000 secondary threshold, following the April 2025 changes. The Employment Allowance offsets up to £10,500 of this for eligible employers, which for a small team often removes the liability entirely, but companies where the director is the only employee do not qualify.
Questions
Crypto Tax questions from South Hornchurch
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.
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.
Do you have an office in South Hornchurch?
No. IGI Accounting is an online-only firm. We serve South Hornchurch 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 South Hornchurch as anywhere else in the country, and why there is nothing to visit and nothing to print.
Is crypto tax in South Hornchurch really the same price as elsewhere?
Yes. The fee published on this page is what a client in South Hornchurch 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.
Let us take the deadlines off your plate in South Hornchurch
Tell us what you need. You get one fixed fee in writing, and nothing is filed until you approve it.