Partnership Helps United Kingdom’s 4+ Million Crypto Customers Stay Tax Compliant
SAN FRANCISCO, January 23, 2023–(BUSINESS WIRE)–CoinTracker, the market chief in cryptocurrency tax and portfolio monitoring for shoppers, as we speak introduced its partnership with By The Book Accountancy Limited, an skilled accountant with over 10 years advising on UK taxes & small companies. Via the partnership, the 2 tasks will collaborate to launch a sequence of instructional content material and assets for UK cryptocurrency customers. Collectively, CoinTracker and By The Guide Accountancy goal to simplify the complexities of tax submitting in a compliant method.
The previous 12 months have seen seismic regulatory modifications globally pertaining to digital asset taxation. At present, the UK Parliament is weighing the Monetary Companies and Markets Invoice to grant native monetary regulators sovereignty over cryptocurrency, whereas the UK Treasury is contemplating extra modifications to how the crypto sector is regulated. Because the regulatory panorama continues to evolve, it’s essential UK crypto customers are given the requisite instructional tooling to file taxes confidently forward of the January thirty first UK tax submitting deadline. To this finish, CoinTracker is aiming to assist fill the schooling hole with its up-to-date UK Tax Guides for crypto, NFT, and DeFi customers.
“Partnering with By The Guide Accounting accelerates our main mission to allow the usage of cryptocurrency with peace of thoughts,” mentioned Renaud Besnard, Head of Advertising at CoinTracker. “As tax season approaches, it’s essential that UK customers are given the academic assets and instruments to stay compliant. CoinTracker couldn’t be extra excited to workforce up with this respected workforce, and assist make the method of submitting crypto taxes environment friendly and easy.”
CoinTracker and By The Guide Accounting will launch a three-part, instructional Twitter Area sequence to assist UK customers put together for tax season. The three periods will happen on January twenty fourth, January twenty sixth and January thirtieth at 6:30 pm UK. The subjects of dialogue will vary from NFT and crypto taxes and saving cash to assist discovering consultants and capital good points. Audio system will embrace CoinTracker’s Head of Tax Technique, Shehan Chandrasekera, and By The Guide Accountancy Restricted’s Managing Director, Robin Thatcher.
“For UK crypto customers, there stays a big quantity of questions and issues as to learn how to file taxes precisely and confidently,” commented By The Guide Accountancy Restricted Managing Director Robin Thatcher. “We’re thrilled to work alongside the CoinTracker workforce to ship the academic assets wanted to instill confidence throughout all digital asset customers within the UK. We really feel strongly that this collaboration will take away any of the guesswork in submitting crypto taxes.”
To attend the Twitter Areas sequence and keep up-to-date on crypto tax submitting, please go to the hyperlinks beneath:
To start submitting taxes, monitoring your crypto portfolio or to be taught extra about CoinTracker, go to: cointracker.io. Observe CoinTracker on Twitter, and be a part of the dialog on Telegram and Reddit.
To be taught extra about By The Guide Accountancy Restricted, go to: bythebookaccountancy.co.uk.
About By The Guide Accountancy Restricted:
By The Guide Accountancy Restricted is an skilled accountant with over 10 years advising on UK taxes & small companies. We concentrate on something from enterprise arrange recommendation, report holding, bookkeeping, tax returns & assist operating your corporation in probably the most tax environment friendly methodology.
CoinTracker is the market chief in crypto portfolio monitoring and tax compliance for shoppers, leveraging the very best know-how and partnerships to ship the very best degree of accuracy, simplicity and worth year-round. Customers collectively observe over $50 billion in crypto belongings on CoinTracker. Based in 2017, CoinTracker is backed by Accel, Basic Catalyst, Initialized Capital, Y Combinator, 776 Ventures and different main buyers. CoinTracker is the unique cryptocurrency tax companion for most of the high exchanges and tax merchandise, together with Coinbase, OpenSea, Intuit’s TurboTax and Blockchain.com. For extra info, please go to https://www.cointracker.io.
View supply model on businesswire.com: https://www.businesswire.com/news/home/20230122005031/en/
t: 805 674 7348