Crypto Accountants

We are exhibiting at 𝗖𝗿𝘆𝗽𝘁𝗼 𝗘𝘅𝗽𝗼 𝗗𝘂𝗯𝗮𝗶 on 9th–10th September!

Come say hello at 𝗕𝗼𝗼𝘁𝗵 #𝟳𝟰. Whether you are an individual trader, a Web3 business, or a corporation looking for support with crypto tax and compliance, we'd love to chat and see how we can help.

See you in Dubai!

Plot twist: shuffling your crypto between your own wallets doesn't trigger a tax bill.
What actually does?
👉 Selling it
👉 Swapping it for another token
👉 Sending it to someone else's wallet
Movement ≠ Disposal.
Learn the difference and save yourself a headache at tax time.
Call us at 𝟬𝟮𝟬𝟴 𝟲𝟯𝟴 𝟱𝟴𝟬𝟬.

Tokens showed up in your wallet without you asking?

✔️ HMRC still treats it as income
✔️ Tax is due on its value the day you received it
✔️ Sell later, and that's a second tax bill (Capital Gains)

"Free" doesn't mean tax-free.

Call us on 𝟬𝟮𝟬𝟴 𝟲𝟯𝟴 𝟱𝟴𝟬𝟬.

Got an HMRC crypto letter? The clock is already running.
🚫 Don't ignore it; silence escalates things.
🚫 Don't reply with rushed numbers.
🚫 Don't sign a "certificate of tax position" before checking it.
✅ Get your full crypto history together.
✅ Get it reviewed before you respond.
Deadlines on these letters are tight. Don't let them decide for you.
Call us on 𝟬𝟮𝟬𝟴 𝟲𝟯𝟴 𝟱𝟴𝟬𝟬.

A blockchain audit is often assumed to be a simple check of whether the numbers match. In reality, it involves more than that.
We recently reviewed a case where the figures appeared correct on the surface, but a transaction recorded as a sale was actually a transfer between two wallets owned by the same client. No disposal had taken place, and the income had been misclassified.
This is the kind of issue a proper audit is designed to catch. It involves confirming wallet ownership, checking that transactions are correctly classified, reconciling on-chain activity with financial records, and ensuring each entry is backed by proper evidence rather than assumption.
The blockchain records what happened with complete accuracy. It does not record the reasoning behind a transaction. That's the part that needs to be documented separately, and it's often where errors are found.

Quick story: a client once told us, "Don't worry, I remember every trade."
Three weeks later, we asked him why he'd moved 12 ETH from one wallet to another back in March.
He genuinely could not tell you.
Was it a sale? A gift to a friend? Moving funds before a hack scare? He knew it mattered in the moment. By the time we asked, the moment was gone, and so was the reason.
This happens to solo traders and five-person startups in the same way. Not because people are careless, but because memory was never built to be a filing system. It fades. It gets overwritten. It leaves the company when an employee does.
The people who avoid this mess don't have better memories. They just write the "why" down the second it happens, in one sentence, in one place.
Everything else is optional. That habit is the whole game.

Your crypto treasury might be spread across three wallets.

That doesn't mean you have three separate financial positions.

You have one treasury.

The problem is proving how all the pieces connect.

A transfer from one wallet to another needs to be identified correctly. So do exchange deposits, withdrawals, swaps and movements between different chains.

The blockchain gives you the transaction record.

It doesn't automatically tell you:
• Which transactions were internal transfers
• Where an asset was originally acquired
• What its cost basis was
• Whether a transaction represented a disposal
• How one wallet balance connects to another

This is why crypto reconciliation can become complicated very quickly.

You may have the transactions. You may even have the wallet balances.
But if the records cannot be connected into one continuous history, calculating the correct tax position becomes much harder.

Your treasury should reconcile from the first acquisition to the current balance.

If it doesn't, the gap is worth finding before HMRC asks you to explain it.