Crypto Tax (for Investors & Traders)

Want to understand how individuals are taxed on the PROFITS or GAINS you make from cryptocurrencies? And what happens if you make a LOSS on Crypto? How can these be used to LOWER your tax bill?

Adam Hill · December 29, 2021

Want to understand how individuals are taxed on the PROFITS or GAINS you make from cryptocurrencies? And what happens if you make a LOSS on Crypto? How can these be used to LOWER your tax bill?

This course is suitable for:

  • Crypto users, investors and traders
  • Individuals who want to understand the potential tax consequences of owning crypto
  • Those considering buying crypto, miners, stakers, airdrops and DeFi
  • Accounting students
  • Professional Accountants looking to expand on their existing knowledge.

Ultimately, this course should do one or a combination of the following for you:

  1. Ensure you understand what your crypto activity represents in the eyes of Tax Authorities
  2. Develop an understanding the tax treatment that may apply
  3. Establish if you are conducting a business trade or a non commercial investing activity
  4. Show you how to report profits
  5. Legitimately save you tax

Materials

About Instructor

Adam Hill

ICAEW qualified accountant, with over a decade of experience working in accounting and tax and managing a wide variety of clients, I now enjoy sharing my knowledge and helping business owners to really know their numbers with a particular focus on tax planning for individuals and SME's. Outside of work I enjoy spending time with family and walking my dogs

13 Courses

Not Enrolled
or £ 24.97

Course Includes

  • 19 Lessons
  • 1 Quiz
  • Course Certificate

Responses

Your email address will not be published.

  1. Hi Adam,
    I understand the general concept of Crypto taxation what I am looking for is an accountant who will do my Crypto tax.

  2. On the lesson "How is your Crypto Valued by Tax Agencies" with bot trading the bot will not convert the trade from btc to usdt to gbp back to usdt. It keeps on trading automatically. How would do tax for trading bots? My other questions is say you convert your btc at $30,000 and sold btc at $60,000 during the bull run, then changed it to ether at $4000, Then ether goes down to $2000 during a bear market. There was a disposal but the value of the asset is now no longer in profit?

  3. My question I have about the mining is when are you classing the capital gains? Because gas fees for etheurum can be up to $140 or more. if you earn $10 worth of mining on a day. It's impossible to convert the earn income to stable currency at that point because gas fees are higher than the amount earned.

  4. Hey Adam! 🙂 I own crypto in my limited company. I'm staking earning daily rewards. What is really missing from this course is Gas fees because these are different from exchange fees. A exchange fee will always be lower than the amount exhanged. When gas fees can be higher than the amount exchanged or be paid as services i.e faster transaction. I aslo do play to earn. Most of these games require you to buy to run the games to earn rewards. Which expense more similar to lets say buy web hosting to make money from your website you need to pay for hosting. This is a expense.

  5. In my limited company i earned $1000 of staked crypto token. I turned those to USDT. I owe 10% or 20% as GBP as usdt vaulue? I then changed the usdt to AVAX and I very unfortately brought time wonderland.money which was wrost investment I made $700 loss. As business can I take that as capital gains loss?

  6. Hey Adam! I've watched all the course! 🙂 I really liked it! 🙂 I would like recommendation on crypto tax tools I could use to help with bookkeeping! 🙂