Partnership Helps Over 4 Million UK Crypto Users Stay Tax Compliant
SAN FRANCISCO, January 23, 2023–(BUSINESS WIRE)–CoinTrackerthe market leader in cryptocurrency tax and consumer portfolio tracking, today announced its partnership with By The Book Accountancy Limited, an experienced accountant with over 10 years of tax and small business advice in the UK. Through this partnership, the two projects will collaborate to publish a series of educational content and resources for UK cryptocurrency users. Together, CoinTracker and By The Book Accountancy aim to simplify the complexities of tax filing in a compliant manner.
The last 12 months have seen seismic regulatory changes globally regarding the taxation of digital assets. Currently, the British Parliament is assessing the Financial Services and Markets Bill to grant local financial regulators sovereignty over cryptocurrency, while the UK Treasury considers additional changes to how the crypto sector is regulated. As the regulatory landscape continues to evolve, it is crucial that UK crypto users have the educational tools they need to file their taxes with confidence ahead of the UK’s January 31 tax filing deadline. To that end, CoinTracker aims to help bridge the education gap with its up-to-date UK tax guides for crypto, NFTand Challenge users.
“Partnering with By The Book Accounting accelerates our core mission of enabling the use of cryptocurrency with peace of mind,” said Renaud Besnard, Head of Marketing at CoinTracker. “As tax season approaches, it’s crucial that UK users have the resources and educational tools they need to stay compliant. CoinTracker couldn’t be more excited to team up with this reputable team and to help make the process of filing crypto taxes efficient and simple.”
CoinTracker and By The Book Accounting will launch a three-part educational Twitter Space series to help UK users prepare for tax season. All three sessions will take place on January 24, 26 and 30 at 6.30pm UK. Discussion topics will range from NFT and crypto taxes and saving money to helping find experts and capital gains. Speakers will include CoinTracker’s Head of Tax Strategy, Shehan Chandrasekera, and Managing Director of By The Book Accountancy Limited, Robin Thatcher.
“For UK crypto users, there remain a significant number of questions and concerns about how to report taxes accurately and confidently,” commented Robin Thatcher, Managing Director of The Book Accountancy Limited. “We are delighted to work alongside the CoinTracker team to provide the educational resources needed to build trust among all users of digital assets in the UK. We are confident that this collaboration will take the guesswork out of filing taxes. cryptographic.”
To attend the Twitter Spaces series and stay up to date on crypto tax reporting, please visit the links below:
To find out more about By The Book Accountancy Limited, visit: parthebookaccountancy.co.uk.
About By The Book Accountancy Limited:
By The Book Accountancy Limited is an experienced accountant with over 10 years advising on tax and small business in the UK. We specialize in everything from business start-up advice, record keeping, bookkeeping, tax filings and assistance in running your business in the most tax efficient way.
CoinTracker is the market leader in crypto portfolio tracking and tax compliance for consumers, leveraging the best technologies and partnerships to deliver the highest level of accuracy, simplicity, and value all year round. Users collectively track over $50 billion in crypto assets on CoinTracker. Founded in 2017, CoinTracker is backed by Accel, General Catalyst, Initialized Capital, Y Combinator, 776 Ventures, and other top investors. CoinTracker is the exclusive cryptocurrency tax partner for many leading exchanges and tax products, including Coinbase, OpenSea, Intuit’s TurboTax, and Blockchain.com. For more information, please visit https://www.cointracker.io.
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