Straight answers.

Increasingly, yes. HMRC has received data from major exchanges for years, and since January 2026 the Crypto-Asset Reporting Framework (CARF) requires UK platforms to collect and report user and transaction data directly to HMRC, with international data sharing following from 2027. Assuming your activity is invisible is no longer a safe position. Coming forward first almost always puts you in a stronger one.

You are far from alone, and it is fixable. Historic gains can be brought up to date through HMRC's Digital Disclosure Service. A properly handled voluntary disclosure usually means lower penalties than waiting for HMRC to make contact first. We manage the entire process for you, from the figures to the wording.

Almost never. HMRC has specific routes for correcting earlier years. Where the original error was not deliberate, the number of years in scope and the penalties are usually far more modest than people fear. The sooner you act, the better the terms tend to be.

Quite possibly, yes. In the UK, swapping one cryptocurrency for another is a disposal for capital gains purposes, even though no pounds changed hands. Spending crypto, and gifting it to anyone other than a spouse or civil partner, can be taxable too. This is one of the most common and most expensive misunderstandings we see.

It depends on your gains, your other income, your allowances, and any losses you can set against them. Many people are relieved once everything is reconciled properly, because the correct figure is lower than the one they feared. Whatever it comes to, we make sure it is right, and we tell you clearly before anything is filed.

Simply holding crypto is not, by itself, a taxable event. Tax generally arises when you dispose of it: selling, swapping, spending, or gifting. Income Tax can also apply to certain activity such as some staking and rewards. If you are only holding and have never disposed, you may have nothing to report, but it is worth a quick check to be sure.

Usually just transaction exports or read-only access from the exchanges and wallets you have used. We take the reconciliation from there. We will never ask for anything that lets us move your funds. The best first step is a short WhatsApp message describing your situation, and we will tell you exactly what we need next.

Yes. Everything you share is treated in strict confidence, whether you are fully up to date or years behind. There is no judgement here. Our job is to get your position right and put you in the strongest position available.