Some you win, some you lose - taxing cryptocurrencies and NFTs

Overview

This session will look at:

• what are cryptocurrencies and NFTs?
• how to account for cryptocurrency and NFT gains and losses within a business
• tax implications of cryptocurrency and NFT gains and losses
• regulatory issues.

Speakers

Nicola Goldsmith TEP CTA ATT

With over 20 years of tax advisory experience, Nicola is Head of Private Client in the London office of Haines Watts.  Specialising in cross-border private client matters, including taxes on onward transmission of wealth, advising offshore and onshore trusts, beneficiaries and settlors, she has a particular interest in the taxation of digital and crypto assets.

Anoop Rehal FCCA

Anoop started his accounting career in 2007 and is an FCCA, having qualified in 2011. He has a wealth of experience in designing processes and systems for accounting functions, helping business to become more digital.  He has previously worked on accounting process transformation for large clients as well as working as Head of Finance & Data focusing on helping InsureTechs. His work has encompassed the entire tech architecture of a business, not just focusing on finance.

Andrew Paschalis

Andrew is a Senior Manager at Haines Watts specialising in tax investigations, enquiries and compliance checks conducted by HM Revenue and Customs (HMRC), particularly those involving offshore matters or where allegations of serious tax fraud have been made under the Contractual Disclosure Facility. Offering advice and guidance on a wide variety of other matters involving tax disputes, he has a particular interest in how HMRC obtain and use information regarding digital assets.

Andrew has over nine years’ experience in the field, including six years at HMRC as a fully trained inspector, where he spent two years within HMRC’s Fraud Investigation Service offshore team.