When it comes to digital assets, understanding VAT on NFTs and cryptocurrency can get confusing especially with the rapid changes in global tax laws. At 7 Accountants, we make it simple for you. Whether you’re an NFT artist, a crypto investor, or a business accepting crypto payments, our specialists guide you through every VAT rule that applies to your transactions.
NFTs are unique digital assets, and VAT treatment depends on what’s being sold and where your customers are based.
Our team helps you:
Determine if your NFT sales are subject to VAT.
Understand how location-based VAT rules work across the UK and EU.
Manage your digital asset invoicing correctly for tax filing.
Manage your digital asset invoicing correctly for tax filing.
Our crypto VAT advisory services cover:
VAT adjustments for businesses using crypto
Not sure if you’re charging or paying VAT correctly on your NFT or crypto trades? Let’s clear the confusion. Our friendly advisors at 7 Accountants will review your transactions and guide you step-by-step saving you from future penalties and stress.