Crypto Accountants

𝐃𝐨𝐧'𝐭 𝐟𝐨𝐫𝐠𝐞𝐭.
HMRC's new DeFi tax rules come into force on 𝟔 𝐀𝐩𝐫𝐢𝐥 𝟐𝟎𝟐𝟕.
For many DeFi transactions, CGT will be deferred until you actually dispose of your assets.
If you're active in DeFi, now is the time to plan.
📌 Book a FREE consultation: https://calendly.com/umer-cryptoaccountants/30min

𝗧𝗵𝗲 𝗰𝗿𝘆𝗽𝘁𝗼 𝗶𝗻𝗱𝘂𝘀𝘁𝗿𝘆 𝘄𝗶𝗹𝗹 𝗰𝗼𝗻𝘁𝗿𝗶𝗯𝘂𝘁𝗲 𝗨𝗦$𝟱𝟱 𝗯𝗶𝗹𝗹𝗶𝗼𝗻 𝘁𝗼 𝘁𝗵𝗲 𝗨𝗦 𝗲𝗰𝗼𝗻𝗼𝗺𝘆 𝗶𝗻 𝟮𝟬𝟮𝟲.

According to a new report from the National Cryptocurrency Association, crypto is no longer just an emerging asset class, it's a major economic driver.

→ 𝟮𝟯𝟮,𝟬𝟬𝟬 𝗷𝗼𝗯𝘀 supported across the entire economy, directly and indirectly
→ 𝟯𝟰,𝟬𝟬𝟬 𝗽𝗲𝗼𝗽𝗹𝗲 directly employed by crypto companies, more than the coffee/tea manufacturing and aerospace industries combined
→ Securities and commodities investments benefited most, at 𝗨𝗦$𝟵.𝟳 𝗯𝗶𝗹𝗹𝗶𝗼𝗻
→ Texas, Washington, North Carolina, California and New York lead in crypto employment, with Colorado and North Dakota emerging as new hubs

Yes, 2026 has also seen shutdowns…. Entropy, Dmail, Tally and Balancer Labs among them. But the bigger picture is clear: crypto is embedding itself deeper into the US economy every year.

Cryptocurrency isn't a passing trend… it's the future of finance.

And as the industry scales, so does the need for accountants who actually understand it.

📌 Book your FREE consultation: https://lnkd.in/dHBFeSe5

UK vs AUS Crypto Tax: What's Different?
Same crypto, different rulebooks.
→ UK tax year: April-April.
→ AUS: July–June.
→ AUS gives a 50% CGT discount after 12 months. UK doesn't.
→ UK's CGT allowance keeps shrinking. AUS has no direct equivalent.
→ Income tax treatment of staking, mining and airdrops also differs.
Know which rules apply before you file. http://cryptoaccountants.live

How to Report NFTs to HMRC!
Reporting NFTs isn't just about your sale.
HMRC expects records that support your NFT activity.
Keep track of:
• Purchase & sale dates
• GBP values
• Wallet addresses
• Transaction IDs
• Gas fees
• Marketplace fees
The better your records, the easier it is to prepare accurate tax calculations and stay compliant with HMRC.
http://cryptoaccountants.live

Most NFT collectors think the tax bill comes when they sell.

Sometimes, it starts much earlier.

This is why…
Imagine you have held ETH for over a year, and it's doubled in value. You use
that ETH to buy an NFT from your favourite collection.

→ You haven't withdrawn any cash.
→ You haven't made a profit from the NFT.
→ You simply swapped one digital asset for another.

But HMRC may treat the ETH you spent as a disposal.
If your ETH increased in value before you used it, that transaction could create a Capital Gain, even though all you did was purchase an NFT.

Then, when you eventually sell the NFT, that's another transaction to review.
This is why NFT tax catches so many people by surprise.
It's not just about what you sold.

It's about how you bought it, what you bought it with, and every taxable
event in between.

The same applies if you are:

→ Minting NFTs
→ Receiving creator royalties
→ Trading across multiple marketplaces
→ Swapping NFTs for other cryptoassets

Every activity can have a different tax treatment.
NFTs are innovative. The tax rules aren't.
Understanding how HMRC applies existing tax legislation to NFTs can help you avoid unexpected liabilities and keep your records accurate from day one.

If you are unsure how your NFT activity should be reported, getting the
calculations right before filing is always easier than fixing them later.

📌 Book a free consultation: https://lnkd.in/dHBFeSe5

𝐇𝐌𝐑𝐂 𝐡𝐚𝐬 𝐟𝐢𝐧𝐚𝐥𝐥𝐲 𝐝𝐫𝐚𝐰𝐧 𝐚 𝐥𝐢𝐧𝐞 𝐛𝐞𝐭𝐰𝐞𝐞𝐧 "𝐦𝐨𝐯𝐢𝐧𝐠" 𝐜𝐫𝐲𝐩𝐭𝐨 𝐚𝐧𝐝 "𝐬𝐞𝐥𝐥𝐢𝐧𝐠" 𝐢𝐭.

For years, many UK crypto investors faced Capital Gains Tax consequences simply for participating in DeFi.
Lending crypto.
Providing liquidity.
Receiving LP tokens.

Even when they hadn't actually cashed out.

That changes from 𝟲 𝗔𝗽𝗿𝗶𝗹 𝟮𝟬𝟮𝟳.

HMRC's new legislation introduces 𝗡𝗼 𝗚𝗮𝗶𝗻, 𝗡𝗼 𝗟𝗼𝘀𝘀 (𝗡𝗚𝗡𝗟) treatment for many qualifying crypto lending and liquidity pool arrangements.

What does that mean?
→ Depositing qualifying crypto into eligible lending arrangements may no longer trigger an immediate Capital Gains Tax event.
→ Providing liquidity to qualifying Automated Market Maker (AMM) pools can also receive NGNL treatment.
→ Tax is generally deferred until there's a genuine economic disposal, bringing the rules closer to how these transactions actually work.

It's a welcome shift for DeFi users, but it's not a blanket exemption.

The new rules depend on:
✔ Whether your arrangement qualifies.
✔ How your protocol operates.
✔ Whether your records clearly support the tax treatment you're claiming.

Good tax outcomes don't happen by accident; they start with getting the classification right.

If you are actively using DeFi, now is the time to review your transactions before the new rules take effect.

📌 Book your FREE consultation: https://lnkd.in/dHBFeSe5

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𝐇𝐌𝐑𝐂 𝐣𝐮𝐬𝐭 𝐜𝐡𝐚𝐧𝐠𝐞𝐝 𝐡𝐨𝐰 𝐬𝐭𝐚𝐛𝐥𝐞𝐜𝐨𝐢𝐧𝐬 𝐰𝐢𝐥𝐥 𝐛𝐞 𝐭𝐚𝐱𝐞𝐝 𝐢𝐧 𝐭𝐡𝐞 𝐔𝐊.

Until now, swapping or spending a stablecoin was a disposal, and every disposal was a potential Capital Gains Tax event. Even moving between USDC and GBP-pegged tokens could create a reporting obligation.

That's about to change.

On 13 July 2026, HMRC published a new policy paper that will treat eligible stablecoins more like money for tax purposes:

→ Disposals of eligible stablecoins will be 𝗲𝘅𝗲𝗺𝗽𝘁 from Capital Gains Tax for individuals and trustees

→ Interest-like returns (including from stablecoin lending arrangements) will be taxed as 𝘀𝗮𝘃𝗶𝗻𝗴𝘀 𝗶𝗻𝗰𝗼𝗺𝗲

→ For companies, eligible stablecoins will fall under the 𝗹𝗼𝗮𝗻 𝗿𝗲𝗹𝗮𝘁𝗶𝗼𝗻𝘀𝗵𝗶𝗽 𝗿𝘂𝗹𝗲𝘀, taxed based on the accounts

The rules take effect from 6 April 2027 for individuals and trustees, and 1 April 2027 for companies.

What should you be thinking about now?

→ Which of your tokens qualify as "eligible stablecoins" (fiat-pegged, backed by reserves)

→ How your DeFi lending and yield positions will be reclassified as interest

→ Whether your 2026-27 records are structured for the transition

Simpler rules…. but only if your records and classifications are right.

Book your FREE consultation: https://calendly.com/umer-cryptoaccountants/30min