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    Crypto digital

    Made a killing on Bitcoin?

    Has your latest NFT brought in a tidy sum?

    You still, in most jurisdictions, will need to pay taxes on them!

    Our Tax Natives experts can sort that out in no time so you can get back to trading.

    Get started today
    Clipped Image

    Crypto assets and cryptocurrency tax: the rules

    Crypto and digital assets have really rocked the boat in the past decade. Do you have to pay tax on something that, technically, doesn’t exist? Well, yes, you do, but what and how much varies enormously. If it’s crypto tax advice you need then you‘ve come to the right place.

    Let’s start by taking a look at the whole crypto tax subgenre of personal wealth and then gradually get into why you need to abide by crypto tax rules before touching on why you might need a crypto tax specialist sooner than you realise.

    Find a tax native

    Cryptocurrency and taxes

    In layman’s terms, crypto and digital asset tax is the tax you pay on any profits you make from buying, selling, or trading cryptocurrencies or digital assets. Whether you’re an investor, trader or business, just like with traditional investments, any gains you make are subject to taxation.

    The tax laws and regulations surrounding cryptocurrencies (such as Bitcoin, Ethereum and Tether) and digital assets vary from country to country – and even from state to state in some countries. Whether your crypto asset and cryptocurrency activities amount to an income that should be taxed or not depends upon several, often complex factors.

    Ask us a question

    Why should I hire a crypto assets tax native?

    This is why it’s crucially important to consult with a tax professional who is knowledgeable in your territory. In addition to helping you keep detailed records of all your transactions – including the purchase and sale prices and any fees or commissions paid – they can use their intimate knowledge of the local crypto tax laws to ensure there aren’t any hiccups or irregularities.

    In fact, let us prove it to you. If you think your crypto trading means that you might have to declare them in your tax returns then get in touch. We’ll put you in contact with a crypto tax whizz in your territory who just might be the difference between you paying over the odds or landing yourself in trouble with the authorities.

    Ask us a question

    Crypto Tax FAQs

    How do I pay taxes on my crypto profits and digital assets?

    You’ll need to determine your taxable gain or loss, report it on your tax return, and pay any taxes owed. Keeping detailed records of all your transactions is essential to accurately calculate your gains and losses and avoid any potential legal issues.

    What tax would I pay on my crypto profits and digital assets?

    This all depends on the country or jurisdiction those assets are held in. Tax laws and regulations surrounding cryptocurrencies and digital assets are complex and vary from country to country. Some countries may have different tax rates or treat these assets differently for tax purposes.

    How would I be taxed on crypto mining?

    If you earn income through cryptocurrency mining, you’ll need to report that income on your tax return. If you’re mining cryptocurrencies as a business, you may also be subject to an additional self-employment tax. Again, however, the exact tax treatment of mining income depends on the tax laws and regulations in your country or jurisdiction.

    Are Bitcoin profits taxable?

    In most countries, Bitcoin and other cryptocurrencies are treated as property for tax purposes. This means that any gains you make from buying, selling, or trading Bitcoin are subject to short or long-term capital gains tax.

    Local tax advisors to solve your
    international tax issues.

    Find a tax expert

    FEATURED ARTICLES

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    Taxation of cryptoassets and Web 3.0

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    11 April 2024

    Foreign Ownership Register in Australia

    UK

    5 December 2023

    What happens during a business valuation?

    Spain

    25 April 2024

    Gifting Property in Spain and tax

    Malta

    3 March 2024

    Malta Faces Crucial Anti-Money Laundering Reforms ...
    View all articles

    Why Tax Natives?

    Think of us as a tax dating service (stay with us on this). We swipe through our network of international tax consultants and find one that’s a perfect match for your unique tax situation.

    Whether you’re of retirement age and are looking to invest your pension, a property magnate expanding your portfolio into new countries, or a stakeholder in a business that is opening up a satellite in a new location, our international tax advisors can help you with the tricky business of abiding by local tax laws.

    We’ll strip away all the jargon and make the world of international tax feel much more intimate. A match made in international tax heaven, if you will. Find out more about your tax destinations and jurisdictions using the map below.

    View global adviser map

    Australia

    Barbados

    Canada

    China

    Cyprus

    France

    Germany

    Gibraltar

    Greece

    Guernsey

    Hong Kong

    India

    Ireland

    Isle of Man

    Israel

    Italy

    Japan

    Jersey

    Kenya

    Korea

    Malta

    Mauritius

    Mexico

    Netherlands

    New Zealand

    Nigeria

    Portugal

    Singapore

    South Africa

    Spain

    Switzerland

    Thailand

    UAE

    UK

    USA

    MEMBERSHIP LEVELS —

    What are the membership types available?

    Curator Native

    FREE

    The Curator is a fully-fledged member of the Tax Natives team. As such, they are capable of making introductions to other Tax Natives and are also able to take leads from their fellow Natives.

    The Curator is a fully-fledged member of the Tax Natives team. As such, they are capable of making introductions to other Tax Natives and are also able to take leads from their fellow Natives.

    However, the Curator has additional responsibilities. They are tasked with the responsibility of managing and updating one of the jurisdiction pages. There is only one Curator membership available for each jurisdiction.

    Where a Curator fulfils their commitments then they receive a 100% discount against their monthly membership fee.

    A Curator can also provide articles if they wish.

    READ MORE

    Creator Native

    FREE

    The Creator is a fully-fledged member of the Tax Natives team. As such, they are capable of making introductions to other Tax Natives and are also able to take leads from their fellow Natives.

    The Creator is a fully-fledged member of the Tax Natives team. As such, they are capable of making introductions to other Tax Natives and are also able to take leads from their fellow Natives.

    However, the Creator has additional responsibilities. They commit to their other Natives that they will produce at least one piece of quality content each quarter – whether an article, video or other valuable content.

    There are multiple Creator memberships available for each jurisdiction. Where a Curator fulfils their commitments then they receive a 100% discount against their monthly membership fee.

    READ MORE

    Adviser Native

    £65 / month

    The Adviser is a fully-fledged member of the Tax Natives team. As such, they are capable of making introductions to other Tax Natives and are also able to take leads from their fellow Natives.

    The Adviser is a fully-fledged member of the Tax Natives team. As such, they are capable of making introductions to other Tax Natives and are also able to take leads from their fellow Natives.

    The Adviser Native is a care-free soul and has made no other commitments to his fellow Tax Natives to generate content or curate a jurisdictional page. That’s cool.

    However, the Adviser will be eligible to pay the full monthly membership fee.

    READ MORE
    Become a curator

    TAX NATIVES: CURATOR —

    Curator

    The Curator is a fully-fledged member of the Tax Natives team. As such, they are capable of making introductions to other Tax Natives and are also able to take leads from their fellow Natives.

    The Curator is a fully-fledged member of the Tax Natives team. As such, they are capable of making introductions to other Tax Natives and are also able to take leads from their fellow Natives.

    However, the Curator has additional responsibilities. They are tasked with the responsibility of managing and updating one of the jurisdiction pages.

    There is only one Curator membership available for each jurisdiction.

    Where a Curator fulfils their commitments then they receive a 100% discount against their monthly membership fee.

    READ MORE
    		Become a creator

    TAX NATIVES: CREATOR —

    Creator

    The Creator is a fully-fledged member of the Tax Natives team. As such, they are capable of making introductions to other Tax Natives and are also able to take leads from their fellow Natives.

    However, the Creator has additional responsibilities. They commit to their other Natives that they will produce at least one piece of quality content each quarter – whether an article, video or other valuable content.

    There are multiple Creator memberships available for each jurisdiction. Where a Curator fulfils their commitments then they receive a 100% discount against their monthly membership fee.

    		 Become an adviser

    TAX NATIVES: ADVISOR —

    Adviser

    The Adviser is a fully-fledged member of the Tax Natives team.

    As such, they are capable of making introductions to other Tax Natives and are also able to take leads from their fellow Natives.

    The Adviser Native is a care-free soul and has made no other commitments to his fellow Tax Natives to generate content or curate a jurisdictional page.

    That's cool.

    However, the Adviser will be eligible to pay the full monthly membership fee.
    Initial admin fee £250 Free £250 Free £250 Free
    Minimum membership term 12 months 12 months 12 months
    Article contentCreator and Curators must create at least one piece of original, quality-approved content each quarter.
    		 No
    YesCreator and Curators must create at least one piece of original, quality-approved content each quarter.
    		 No
    Managing and updating your
    jurisdiction page
    Yes
    No
    No

    NATIVE

    Curator Creator Adviser

    FREE

    Read more
    Become a curator

    TAX NATIVES: CURATOR —

    Curator

    The Curator is a fully-fledged member of the Tax Natives team. As such, they are capable of making introductions to other Tax Natives and are also able to take leads from their fellow Natives.

    However, the Curator has additional responsibilities. They are tasked with the responsibility of managing and updating one of the jurisdiction pages.

    There is only one Curator membership available for each jurisdiction.

    Where a Curator fulfils their commitments then they receive a 100% discount against their monthly membership fee.

    Initial admin fee £250 Free
    Minimum membership term 12 months
    Article contentCreator and Curators must create at least one piece of original, quality-approved content each quarter.
    		 No
    Managing and updating your jurisdiction page Yes

    FREE

    Read more
    Become a creator

    TAX NATIVES: CREATOR —

    Creator

    The Creator is a fully-fledged member of the Tax Natives team. As such, they are capable of making introductions to other Tax Natives and are also able to take leads from their fellow Natives.

    However, the Creator has additional responsibilities. They commit to their other Natives that they will produce at least one piece of quality content each quarter – whether an article, video or other valuable content.

    There are multiple Creator memberships available for each jurisdiction. Where a Curator fulfils their commitments then they receive a 100% discount against their monthly membership fee.

    Initial admin fee £250 Free
    Minimum membership term 12 months
    Content creationCreator and Curators must create at least one piece of original, quality-approved content each quarter.
    YesCreator and Curators must create at least one piece of original, quality-approved content each quarter.
    Managing and updating your jurisdiction page No

    £65 / month

    Read more
    Become an adviser

    TAX NATIVES: ADVISOR —

    Adviser

    The Adviser is a fully-fledged member of the Tax Natives team.

    As such, they are capable of making introductions to other Tax Natives and are also able to take leads from their fellow Natives.

    The Adviser Native is a care-free soul and has made no other commitments to his fellow Tax Natives to generate content or curate a jurisdictional page.

    That's cool.

    However, the Adviser will be eligible to pay the full monthly membership fee.

    Initial admin fee £250 Free
    Minimum membership term 12 months
    Content creationCreator and Curators must create at least one piece of original, quality-approved content each quarter.
    		 No
    Managing and updating your jurisdiction page No

    Contact us

    If you want to know more about Tax Natives membership, crypto tax advice, or if you’d like to give a virtual high-five to a Tax Native, drop us a line and we’ll get back to you.

    Contact

    We collect personal information when you enquire about our services. We will use this information to provide the services requested, maintain records and, if you agree below, to send you marketing information. We will not share your infromation for marketing purposes with any other companies. For more information explaining how we use your information please see our Privacy Policy(Required)
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    OUR PEOPLE —

    Andy Wood

    Founder & Director

    Andy joined the bar in 2019 after learning his ‘trade’ in large, international accountancy firms including the Big 4.

    Over a decade ago (2011 to be precise), hoping that some of the magic dust from these entrepreneurial clients had rubbed off on him, he established his own tax advisery business.

    His clients, as well as the aforementioned entrepreneurs, also include high-net-worth individuals, sports persons and entertainers and private companies.

    He decided to establish Tax Natives due to his first hand experience of regularly having to quickly find reliable and knowledgeable tax advisers around the globe to assist his clients.

    He is a member of the Chartered Institute of Taxation and the Society of Trust & Estate Practitioners (“STEP”).

    Having grown up in Castleford, West Yorkshire, Andy has rugby league in his DNA. He is also a Yorkshire cricket fan and long-suffering Everton supporter.

    His guitar playing ambition exceeds his proficiency.

    Contact Andy
    01 / 02

    OUR PEOPLE —

    Stuart Stobie

    Founder & Director

    Stuart has accumulated 25 years of experience in the trust and fiduciary business sector. His journey commenced in Hong Kong alongside Grant Thornton, and subsequently, he became an integral part of Sovereign, driving business growth across Asia and being appointed Managing Director, before transitioning to Gibraltar.

    After a successful tenure as the Managing Director of Sovereign’s Gibraltar head-office, Stuart’s path led him to Zurich, where he became associated with Coutts Bank. There, he served as a private banker on their Asia desk. Eventually, he returned to the United Kingdom, where he contributed his expertise to a venture capital enterprise. In 2018, he reconnected with Sovereign, this time stationed at the Wirral office which has recently relocated to Chester’s Coachworks. As Managing Director of Sovereign Corporate and Trustee Services Ltd, his responsibilities centre around business development in the North, with a particular focus on corporate and trust work.

    Stuart’s professional journey has afforded him membership in STEP. His diverse background in the financial and fiduciary domain equips him to tackle a wide array of challenges and devise solutions for his clients and collaborators.

    Contact Stuart
    01 / 02

    OUR MISSION —

    To provide expert local tax knowledge on a worldwide scale

    Tax Natives is an international tax network that connects taxpayer clients with qualified and regulated tax advisers, from one jurisdiction to another. But we’ll let Andy explain – he’s good at this stuff.

    Bring your knowledge to the world.

    Become a member

    SPOTLIGHT ARTICLE

    Tax Residency in Monaco – how to get residency and why?

    Read more

    How Tax Natives works.

    Tax Natives is an international tax network that connects Explorers (taxpayer clients) with Natives (qualified and regulated tax advisers) from one jurisdiction to another.

    Ask us a question

    STEP ONE

    Select the ‘Ask a question button located on the top of each page and follow through the process to compose your question

    STEP TWO

    Once your question is confirmed and your account is set up, navigate to your user dashboard to view the message exchange between you and your Tax Native.

    STEP THREE

    Each Tax Native has to accept a question from an Explorer before a conversation can begin. Once the Tax Native has accepted your question, a quote will be submitted for approval through the messaging portal.