Able & Co Chartered Accountants are based in Uxbridge, Greater London, and offer accounting, taxation, business advisory and support services to businesses and individuals, not only in Uxbridge but across London and even the UK.
Interestingly, unlike many traditional firms of accountants who provide clients with “normal” accounting and tax services, Able & Co also provide advice on accounting and tax implications of investing and realising investments in cryptocurrencies (https://en.wikipedia.org/wiki/Cryptocurrency) such as Bitcoin, Bitcoin cash, Ethereum and Litecoin. These are witnessing unprecedented growth at the moment, but most users aren’t aware that every cryptocurrency transaction is taxable and that it doesn’t matter if you are trading real money or just another cryptocurrency, all the transactions must be reported on your tax return. Indeed, cryptocurrencies can have VAT, Corporation Tax, Income Tax and Capital Gains Tax implications, depending on the activities and the parties involved.
Able & Co can also offer advice on the tax consequences and tax minimisation opportunities arising from cross border transactions that affect companies, professionals, internationally mobile employees and high net worth individuals who operate in multiple countries.